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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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...

CBN hikes interest rate to 18.75%

The Monetary Policy Committee, the policy-setting committee of the Central Bank of Nigeria (CBN), has raised the monetary policy rate (MPR), which measures interest rate, from 18.5 per cent to 18.75 per cent.

Osinbajo Counsels Central Banks On Adoption Of Blockchain Technology

Vice President Yemi Osinbajo says it has become urgent for central banks around the world to adopt blockchain technology.

The Alternative Bank delights customers with exclusive seasonal product

Ahead of the festive period, The Alternative Bank is offering customers an innovative financial product designed to enhance the holiday experience.

CBN Redesigns Naira, Begins Circulation Dec. 15

As means of checking serial abuse of the naira, the Central Bank of Nigeria (CBN) has concluded plans to redesign certain denominations of the currency.

Emefiele directs banks to receive old notes

At last the Central Bank of Nigeria (CBN) has made a U-turn, directing that commercial banks in Nigeria should stop rejecting N200, N500, and 1,000 old naira notes.
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