Bature Umar Masari, director-general, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), has disclosed that efforts are nearing conclusion...
The Central Bank of Nigeria (CBN) says it would soon commence comprehensive review of electronic payment guidelines in the country....
The Central Bank of Nigeria (CBN) has advised deposit money banks (DMB) on aggressive response to the increase in the...
The Asset Management Corporation of Nigeria (AMCON) has announced the successful completion of the sale of the entire issued and...
The rates at which banks lend to each other, called inter-bank rates, on Wednesday rose by 12.68 percent to 58.29...
The Monetary Policy Committee (MPC) decisions on greater flexibility of the naira/$ exchange rate; and further tightening of monetary policy,...
Bankers who were making money in the foreign exchange (forex) market by advancing credit to their customers to purchase the...
Access Bank does not expect to take a hit from the naira’s devaluation, its chief executive said on Wednesday, because...
Nedbank, the South African lender majority owned by insurer Old Mutual, will merge its corporate and investment banking units, it...
In the boardroom of the financial services sector as well as other organisations, directors make a lot of decisions that...
It has been widely reported that banks are not lending to real economy even when there is liquidity in the...
The Central Bank of Nigeria (CBN) has ordered deposit money banks and merchant banks to implement the SWIFT Sanction Screen...
Bank directors have challenged the deposit money banks to think outside the box and fund the identified sector or real...
UBA has introduced foreign currency transfer on the UBA’s Online Banking platform, U-Direct. The new service allows the bank’s customers...
Ecobank Transnational Inc. is considering selling a stake in its Nigerian subsidiary as part of a plan to raise about...