Moniepoint, one of Nigeria’s leading fintech unicorns, has set its sights on obtaining a commercial banking license from the Central Bank of Nigeria ...

In celebration of its 75th anniversary, United Bank for Africa (UBA) Plc has partnered with Mastercard to introduce a special commemorative debit card, ...

The Central Bank of Nigeria (CBN) reported yesterday that over 28 million Nigerians still lack access to formal financial products and services, even ...

The Central Bank of Nigeria (CBN) has reinforced its commitment to advancing financial inclusion as a foundation for economic growth, unveiling the We-Fi ...

Money market rates surged to double-digit highs this week, driven by a liquidity squeeze in the banking sector. Opening with a liquidity deficit ...

The Federal Government of Nigeria will begin addressing the backlog of pension payments under the Contributory Pension Scheme (CPS) next week, according to ...

Lotus Bank Limited, Nigeria’s pioneering non-interest bank, has confirmed it has met the Central Bank of Nigeria’s (CBN) updated minimum capital requirement for ...

The Nigerian naira fell further against the US dollar in the autonomous foreign exchange (FX) market, reaching approximately N1,690 per dollar on Tuesday. ...

Recent data from the Central Bank of Nigeria (CBN) reveals a sharp year-on-year rise in the country’s broad money supply (M3), which grew ...

The Nigeria Deposit Insurance Corporation (NDIC) has begun a nationwide auction of properties and assets belonging to the defunct Heritage Bank, in a ...