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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Why CBN relaxes restrictions on Cryptocurrency transactions

The Central Bank of Nigeria (CBN) has relaxed restrictions on transactions on crypt-currencies in the country.

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.

Why UK agency approves naira for financing transactions

Britain’s export finance agency will add the naira to its list of “pre-approved currencies” for financing transactions.

EFCC Hails CBN’s Move To clampdown On Currency Hoarders

The Economic and Financial Crimes Commission (EFCC) has applauded the move by the Central Bank of Nigeria (CBN) to redesign and reissue higher denominations of the Nigerian currency, the Naira.

Nigerians call for FG’s intervention new monetary policy

Nigerians have called for an intervention from the Federal Government to ease the hardship and frustration being faced because of the new monetary policy introduced by the Central Bank of Nigeria (CBN).

CBN moves to restore investor confidence, begins clearance of FX

The Central Bank of Nigeria (CBN) has started clearing backlogs of foreign exchange (FX) forward contracts through some banks as part of efforts to rebuild confidence in the Nigerian economy.
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