News
Nigeria: NDIC calls for more customer enlightened on bank charges
The Managing Director/Chief Executive Officer, Nigerian Deposit Insurance Corporation, NDIC, Hassan Bello, has said there is the need for bank customers to be ...
News
Nigeria: MTN Nigeria to Launch First Public Shares Sale, Offers 575 Million Units
It is the first time the local unit of Johannesburg-based MTN Group will welcome subscription from the public roughly two and a half ...
News
Global SME Finance Summit honours FCMB for supporting SMEs, women entrepreneurs
First City Monument Bank (FCMB), has received another global commendation for its support to the growth of Small and Medium Scale Enterprises (SMEs) ...
News
Nigeria: CBN spends N58.6bn to print 2.5bn Naira notes
The Central Bank of Nigeria spent the sum of N58.618 billion to print 2.518 billion Naira notes, valued at 1. 063 trillion in, ...
News
Nigeria: CBN, SEC sanction five banks over forex offence, money laundering
In line with regulatory rules, banks are required to include sanctions and fine imposed on them by regulatory agencies in their audited financial ...
News
Nigeria: DIGITAL FINANCIAL INCLUSION-CBN targets 25,000 women, youths in fresh push
In its drive to ensure the Digital Financial Inclusion (DFI) of women and youth across Nigeria, the Central Bank of Nigeria (CBN) has ...
Nigeria
Payhippo raises $3 million in seed funding to extend quick loans to SMEs
Nigeria’s lending startup Payhippo has raised $3 million in a seed round, funding the company plans to use in sourcing the talent needed to optimize ...
News
Nigeria’s Telecom Regulator to Engage Stakeholders on 5G Roll Out
Nigeria’s telecom industry’s regulator, the Nigerian Communications Commission will host a stakeholder engagement forum as part of activities lined up for the implementation ...
Intelligence
Nigeria: CBN disbursed N145 billion under its non-oil export stimulation facility
The Central Bank of Nigeria has disbursed a total of N145.99 billion under its Non-Oil Export Stimulation Facility (NESF). This was disclosed in the CENTRAL BANK ...
News
Nigeria: Monetary Policy Committee members express concern over FX market
The members of the Central Bank of Nigeria’s, CBN, Monetary Policy Committee, MPC, have called on the apex bank to carry out a ...