Finance

Nigerian Senate moves to regulate Opay, Palmpay, Money…

The Nigerian Senate on Friday moved to regulate Opay, Palmpay, Moniepoint, following an alarm raised by Senator Adams Oshiomhole over account hacking As a result to the development, the Senate...

IFAD-VCDP in Ebonyi proposes N5.17b budget for 2026

Abakaliki, Nigeria - The International Fund for Agricultural Development (IFAD) assisted Value Chain Development Programme (VCDP) has proposed...

Why Nigeria’s Minister of Finance Wale Edun travelled to UK

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has reportedly travelled to the United...

Fidelity Bank grows PBT by 167.8% to N105.8b in Q1 2025

Fidelity Bank Plc, one of Nigeria's leading Tier-1 financial institutions, has announced a remarkable financial performance for...

Nigeria takes legal action against Binance demanding $81.5b…

Nigeria has filed a lawsuit demanding $81.5 billion from Binance for the economic losses it claims were caused...
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Cross River residents storm banks in search of money

Calabar, Feb. 6, 2023: Residents of Calabar city in Cross River state, on Monday stormed the various commercial  banks in search of cash.

Polaris Bank enrolls in Pan-African Payment and Settlement System

Polaris Bank, Nigeria’s leading digital retail Bank, has enrolled in the Pan-African Payment and Settlement System (PAPSS).

Fidelity Bank grows PBT by 167.8% to N105.8b in Q1 2025

Fidelity Bank Plc, one of Nigeria's leading Tier-1 financial institutions, has announced a remarkable financial performance for the first quarter of 2025, recording...

FX convergence: ABCON seeks autonomy to digitise operation

The Association of Bureaux Des Changes Operators of Nigeria (ABCON) has urged the CBN to democratise and centralise the operation of it's members by granting them autonomy to go digital.

Why ABCON cautions BDCs on regulatory infringement

The Association of Bureau De Change Operators of Nigeria (ABCON) has cautioned Bureau De Change (BDC) operators on the need to abide by extant...

CBN did not authorise any bank to collect N500, N1000 old note

The Central Bank of Nigeria has debunked false media report that it authorised commercial banks to collect old N500, N1000 notes.
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