Tag: CBN

Agusto & Co., the Pan-African credit rating agency, has upheld the 'A' rating for Fidelity Bank Plc and assigned the ...

The Lagos Chamber of Commerce and Industry (LCCI) has raised concerns over the unfair advantage enjoyed by certain importers of ...

FastCash, First City Monument Bank's (FCMB) instant loan solution, has successfully distributed N105 billion in loans to three million Nigerians, ...

Total funding for African startups experienced a significant decline, dropping by 37 percent year-on-year to $4.1 billion in June 2023, ...

The Central Bank of Nigeria (CBN) announced on Friday that it has reduced the Cash Reserve Ratio (CRR) for merchant ...

Wema Bank, a prominent commercial bank in Nigeria, has announced the removal of the suspension on international transactions conducted using ...

Access Bank, a subsidiary of Access Holdings, has recently made a strategic move to further dominate the African banking space ...

In a recent circular, the Central Bank of Nigeria (CBN) has instructed International Money Transfer Operators (IMTOs) to offer remittance ...

Nigeria’s central bank has ended its distorted foreign exchange rate, a move the new government in Africa's biggest economy hopes ...

The House of Representatives has called on the Central Bank of Nigeria (CBN) to halt the implementation of its directive ...

LAPO Microfinance Bank Limited (LAPO MfB), a prominent microfinance institution based in Nigeria, has reported that it disbursed over N74 ...

Bank customers in Nigeria lost a total of N472 million to fraudsters in the first quarter of this year, according ...

The Central Bank of Nigeria (CBN) has announced its intention to engage a consultant to drive the implementation of the ...

The financial sector, particularly the banking industry, has been undergoing significant transformations with the advent of disruptive technologies in financial ...

The Central Bank of Nigeria (CBN) has issued a cautionary message to Nigerian banks, urging them to exercise caution when ...