The Central Bank of Nigeria, CBN, has said it will soon audit the nation’s payment system in order to cope with future growth in electronic banking...
JP Morgan Chase has taken over the troubled US bank First Republic in a deal brokered by regulators. The Wall Street giant said it would pay...
As part of a larger effort to strengthening the banking sector in Nigeria, the Central Bank of Nigeria (CBN) recently announced the closure of 31 banks...
Currency Outside Banks, CoB, rose Month-on-Month (MoM) by 66 per cent to N1.4 trillion in March from N843 billion in February 2023. This reflects the impact...
Tuta Absoluta, also known as Tomato Ebola, is currently ravaging tomato farms in parts of the country, costing as much as N1.3 billion is economic dimensions,...
MultiChoice Nigeria, on Tuesday, announced an upward review of prices on its DStv and GOtv packages by 17 per cent. This was confirmed in a text...
Stakeholders in the petroleum industry, weekend, frowned over the Federal Government’s proposed $800 million fuel subsidy palliative to be shared with Nigerians. As part of a...
The performance of the naira was mixed across the various market segments in the currency market on Monday. At the parallel market, the naira weakened by...
The value of electronic payment transactions rose year-on-year (YoY) by 298 percent to N135.52 trillion in the first quarter of the year (Q1’23) from N34.04 trillion...
Barely one month after the reintroduction of old N200, N500 and N1,000 notes, some residents of Anambra have decried the unavailability of the new notes in...