The Central Bank of Nigeria (CBN) has announced that all valid foreign exchange backlogs of $7 billion have now been settled, fulfilling a key pledge of...
Zenith Bank Plc has announced the foremost banker, Dr. Adaora Umeoji as its new Group Managing Director and Chief Executive Officer. This appointment was disclosed on...
Surpass N19 trillion Target for 2024 Total assets under management of the regulated pension industry in Nigeria has increased by 6% or N1.175 trillion to N19.531...
PRESS RELEASE Moniepoint Inc. a global digital financial services provider with operations in Nigeria and an ongoing expansion into other emerging markets, has emerged the lead...
The Central Bank of Nigeria (CBN) has successfully concluded the sale of government securities following the issuance of N1.053 trillion (680 million dollars) in short-term instruments....
The Central Bank of Nigeria (CBN) has revoked the operational licenses of 4,173 Bureaux De Change (BDC) operators, citing non-compliance with regulatory requirements. The CBN announced...
Per the Companies and Allied Matters Act (CAMA) 2020 provisions, leading fintech company PalmPay has partnered with the Corporate Affairs Commission (CAC) to register 219,000 small...
The Centre for the Promotion of Private Enterprise (CPPE) has condemned latest rate hikes by the Monetary Policy Committee (MPC) of the Central Bank of Nigeria...
The Monetary Policy Committee of the Central Bank of Nigeria has increased the benchmark interest rate by 400 basis points to a record 22.75%. The CBN...
The Central Bank of Nigeria (CBN) has conducted a successful Treasury Bills auction, selling a substantial N1.58 trillion as part of its efforts to manage liquidity in...