FairMoney MFB Targets Top-Tier Position in Nigeria’s Banking Landscape
FairMoney Microfinance Bank (MFB) says it is strategically positioning itself to become one of Nigeria’s top five financial institutions within ...
Tag: CBN
Nigeria Week Ahead: CBN Decision, UK Autumn Budget & US Data in Focus
Despite the shortened holiday week, November could end with a bang due to a lineup of high-impact events. In Nigeria, ...
Naira Falls to N1465/$ in Black Market as Demand Pressure Persists
The Naira weakened to N1465/$ in Nigeria’s black market on Monday, November 17, 2025, as strong dollar demand and limited ...
₦384 Trillion in Digital Transactions: Nigeria Fintech Week 2025 Opens with a Call to Trust, Collaboration, and Innovation
Nigeria’s fintech expansion has reached a point of harmony, between ambition and regulation, innovation and inclusion, policy and people.
FinTechNGR Unveils Theme and Next-Level Experience for Nigeria Fintech Week 2025
The organizers of Nigeria Fintech Week (NFW25), Africa’s largest fintech gathering, have announced a bold vision for the event’s eighth ...
Lawmakers Summon CBN Governor as Dollar Hits N700
“The time has come for us to look holistically into what is happening. What is happening to the dollar is ...
eNaira Hits N4b in Transactions, 200K Subscribers, says CBN
eNaira was inaugurated on Oct. 25, 2021, by President Muhammadu Buhari, making Nigeria the first African country to launch a ...
MTN’s Tech Transformation, SystemSpecs Acquisition on the Agenda?
With a PSB license, acquiring a Payment Solution Service Provider (PSSP) and switching licensee that has huge transaction volume, will ...
More Worries as FG Debt to Central Bank Hits N19tr
Federal Government’s borrowing from CBN through the Ways and Means Advances could have adverse effects on the bank’s monetary policy
TAJBank Limited Obtains National License from CBN
TAJBank Limited operates under Islamic banking principles and is the second non-interest bank established in Nigeria, headquartered in Abuja.
Naira Holds Steady at N1,525 in Parallel Market
The naira opened the week on Monday trading at N1,525/$1 in the black market, maintaining the same rate as last ...
CBN Raises Interest Rate on Savings Deposits from 1.4% to 4.2%.
The increase in savings interest rates, which will become effective on August 1, according to the apex bank, was taken in light of the complete return to normalcy after taking into account the current macroeconomic conditions.
Group Rejects Plan to Transfer Unclaimed Dividends to CBN
The Independent Shareholders Association of Nigeria (ISAN) has rejected the recent decision by the National Assembly to transfer unclaimed dividends ...
Naira Falls in Official Market, Closes at N1,539/$1
The naira declined in the official market on Friday, closing at N1,539/$1, a drop from its previous close of N1,536/$1. ...
Stanbic IBTC Bank Strengthens Regulatory, Customer Relations with Trade Forum
Stanbic IBTC Bank’s Corporate and Investment Banking (CIB) division has concluded its CIB Trade Customer Forum, bringing together industry leaders, ...