Naira falls to N515/$ as forex scarcity bites harder The naira pared some of its recent gains against the dollar at the parallel market on...
FG unveils advisers for $6.2bn fresh foreign borrowing The Federal Government of Nigeria has appointed transaction advisers to facilitate the issuance of Eurobonds in...
Unity Bank introduces anti-fraud USSD code for its customers Unity Bank Plc has unveiled a new code on its USSD platform that allows the...
Fitch affirms AfDB has stable outlook with triple-A Global credit rating agency, Fitch Ratings, has affirmed the African Development Bank’s (AfDB) credit rating at...
IMF pledges new lending support for low-income countries The International Monetary Fund (IMF) has announced that it would revamp its concessional lending programmes to...
CBN to launch digital currency by October The Central Bank of Nigeria with its stakeholders outlined its digital currency initiative via a private webinar held...
How customers’ increased trust in FirstBank’s *894# USSD banking can boost the financial inclusion drive The path to financial inclusion holds different marketplace barriers and opportunities...
Positioned for Growth: Guaranty Trust Bank completes corporate reorganisation Aiming to strengthen its long-term competitiveness and growth prospects, Guaranty Trust Bank plc has completed...
FBN General Insurance posts N2.17bn profit after tax FBN General Insurance Limited has said its profit before tax rose by 196 per cent to...
CBN authorises payment service banks in Nigeria to sell dollars The Central of Nigeria (CBN) has released supervisory framework for payment service banks (PSB)....
CBN orders PSBs to report suspicious transactions The Central Bank of Nigeria (CBN) has ordered the Payment Service Banks to report suspicious transactions to the...
FIRS hunts MultiChoice over N1.8trn evaded VAT since inception The Federal Inland Revenue Service (FIRS) has raised alarm over the level of non-compliance by...
CBN DATA: Credit to private sector hits N32.2trn in May Amid banks lending to real sector, the Central Bank of Nigeria (CBN) has disclosed...
Pensioners received N67.42bn benefits in Q1 – PenCom Pension Fund Administrators (PFAs) in Nigeria paid N67.42 billion retirement benefits to pensioners under the Contributory...
25 defaulting employers cough out N608.55m pension remittance The National Pension Commission (PenCom) has said it recovered N608.55 million from 25 employers who deducted...
Banks cleared N246.62bn cheques In May Deposit money banks in the country cleared cheques valued at N246.62 billion in May, this year, latest data...
Nigeria receives over £26m repatriated pension from UK The Pension Transitional Arrangement Directorate (PTAD) has received the sum of £26,505,862.97 repatriated from the United...
NGX lists Guaranty Trust Holding Company shares on trading platform The Nigerian Exchange Group Plc (NGX Group) has listed Guaranty Trust Holding Company Plc...
Coronation Insurance grows Profit After Tax by 79.4% in Q1 2021 Highlights Net premium income for the period was N2.32 billion. (+2.2% YoY) Fees and...
Rewane says regulating FinTech a clampdown on corporate innovation Managing Director Financial Derivative Company, Bismarck Rewane has said that regulatory oversight for the Nigerian...