The Nigerian Exchange (NGX) witnessed a significant boost in equities market capitalization on Friday, with an increase of approximately N248 billion. This growth ...

The Central Bank of Nigeria (CBN) has injected an additional $37 million into the foreign exchange (FX) market, purchasing the equivalent amount in ...

China’s central bank, the People’s Bank of China (PBOC), announced plans to lower banks’ reserve requirement ratio (RRR) and interest rates “at the ...

In a move aligned with Egypt’s Vision 2030 to promote digital transformation, the Central Bank of Egypt (CBE) has announced an extension of ...

Two Republican lawmakers are pressing the U.S. Treasury Department for a detailed briefing following a cybersecurity breach allegedly carried out by a China-backed ...

The regulatory landscape for buy now, pay later (BNPL) providers is undergoing a significant transformation in 2025, as the Consumer Financial Protection Bureau ...

As the new year unfolds, the Office of the Comptroller of the Currency (OCC) is set to heighten scrutiny on larger financial institutions ...

Nigerian telecommunications companies have proposed a 100 percent increase in tariffs, pending government approval. The proposal, submitted to the Nigerian Communications Commission (NCC), ...

Nigeria is set to establish a National Credit Guarantee Company in May 2025 to bolster lending opportunities for businesses and individuals, President Bola ...

In a stark reflection of liquidity challenges within Nigeria’s interbank money market, borrowing by banks from the Central Bank of Nigeria (CBN) surged ...