Economy

The Central Bank of Nigeria (CBN) has introduced 0.5% cybersecurity levy on transactions. In other words, the CBN directed deposit...

Banks and other financial institutions across Nigeria have reinstated processing fees on large cash deposits following the expiration of the...

Silverflow’s cutting-edge cloud processing technology brings added functionality to Phos’ SoftPoS solution

Nigeria’s credit rating outlook was lifted by the Fitch Ratings to positive from stable, six months after it said that...

The Naira depreciated by N130 against the United States dollar at the parallel foreign exchange market on Sunday. A Bureau...

As prices rise, the value of your hard-earned savings diminishes; factor in inflation rates when planning your retirement budget

Zenpay Limited, a subsidiary of Zenith Bank Plc, has signed an Agreement with the African Continental Free Trade Area (AfCFTA)...

Key Highlights Devex, the independent news organization covering development and humanitarian aid, and Visa have published findings from a survey...

Fidelity Bank Plc has posted a 120.1 per cent growth in Profit Before Tax from N17.9 billion at the end of...

Latest figures from the Central Bank of Nigeria indicate that the value of the naira in circulation has risen to...

The Guaranty Trust Holding Company Plc (GTCO), has recorded a 587.5% increase in its profit-before-tax as disclosed in the unaudited...

United Bank for Africa (UBA) has inducted 398 young men and women from six African countries into its UBA Tribe...

Financial technology companies - Opay, Palmpay, Moniepoint and Kuda – were recently barred by the Nigerian authorities, from onboarding new...

Nigerian banks experienced a challenging April, as all major banking stocks posted losses month-to-date. This downturn coincided with the first...

Overall revenue dipped 4% year-over-year