News
Nigeria: Naira Set for Rebound as CBN’s FX Matching System Launches
The era of foreign exchange (forex) speculation and market distortions in Nigeria may be nearing its end as the Central Bank of Nigeria ...
News
Nigeria: CBN Launches Revamped Website to Enhance Transparency and User Experience
The Central Bank of Nigeria (CBN) has officially launched its newly redesigned website, marking a significant milestone in its efforts to improve transparency ...
Global
Global: Norway to Join Eurosystem’s Instant Payment Platform
The Norwegian krone (NOK) is set to be integrated into the Eurosystem’s TARGET Instant Payment Settlement (Tips) service by the first half of ...
News
Nigeria: Development Bank of Nigeria Wins CBN Financial Inclusion Leadership Award
The Development Bank of Nigeria Plc (DBN) has been honored with the Financial Inclusion Leadership Award by the Central Bank of Nigeria (CBN). ...
News
Nigeria: Digital Space Capital Records 81% Profit Surge to N620 Million
Digital Space Capital (DSC), a leading financial investment firm, reported an 81.7% increase in profit after tax to N620 million for 2023, up ...
News
Nigeria: Stanbic IBTC Asset Management Launches Anti-Scam Campaign to Protect Mutual Fund Investors
Stanbic IBTC Asset Management has rolled out a robust anti-scam initiative aimed at safeguarding mutual fund investors from fraudulent activities. This effort responds ...
Africa
Africa: Access Bank Finalizes Acquisition of Standard Chartered Operations in Angola and Sierra Leone
Access Holdings Plc has announced the successful acquisition of Standard Chartered Bank Angola S.A. and Standard Chartered Bank (Sierra Leone) Limited by its ...
Global
Global: Fintech Growth Drives Surge in Risk and Compliance Hiring Amid Decline in Traditional Banking Roles
The UK labour market for risk and compliance professionals is experiencing a notable shift, with fintech companies compensating for a projected decline in ...
News
Nigeria: CBN Intervenes with $48 Million Sale to Defend the Naira
The Central Bank of Nigeria (CBN) has sold $48 million to authorized dealer banks in its ongoing efforts to stabilize the naira and ...
News
Nigeria: SEC Assures Investors of Fund Safety Amid Fintech Growth
The Securities and Exchange Commission (SEC) has reassured investors of the safety of their funds as financial technology (Fintech) reshapes Nigeria’s investment landscape. ...