The Nigeria Inter-Bank Settlement System (NIBSS) has reaffirmed the continued relevance of cash in Nigeria’s payment ecosystem, stressing that physical cash must coexist ...

The Bank of Industry (BOI) has appointed Olayinka Mubarak as the Managing Director of BOI Investment & Trust Company Limited (BOI-ITC), its wholly ...

Standard Chartered has appointed Mr. Dalu Ajene as the Chief Executive Officer of the Bank’s operations in Africa with dual responsibilities as the ...

FCMB Group Plc has successfully secured a national banking licence for its flagship subsidiary, following a major capital raise that ensures uninterrupted domestic ...

FCMB Group Plc has obtained a national banking licence for its core subsidiary, First City Monument Bank, after completing a major capital raise ...

The ongoing reforms in the financial sector have contributed to the growth of the Balance of Payments (BOP) surplus and the ongoing surge ...

The Nigerian Financial Intelligence Unit (NFIU) has described Nigeria’s removal from the Financial Action Task Force (FATF) Grey List and the European Union’s ...

Nigeria’s Securities and Exchange Commission (SEC) has unveiled a sweeping revision of minimum capital requirements for operators in the country’s capital market, significantly ...

The Lagos Chamber of Commerce and Industry (LCCI) and the Chairman of the Presidential Committee on Fiscal Policy and Tax Reform, Taiwo Oyedele, ...

Nigeria’s telecoms regulator, the Nigerian Communications Commission (NCC), has appointed PricewaterhouseCoopers (PwC) to carry out an independent, data-driven assessment of competition within the ...