Section

FINANCIAL SERVICES

Banking, Insurance and general financial services news

Financial Services 1 min
CBN establishes MoU with foreign regulators to supervise Nigerian banks with subsidiaries abroad 
By Aghogho Udi
Exclusives 1 min
More service disruptions loom as Nigerian banks switch core banking applications  
By Samson Akintaro
Financial Services 1 min
Access Bank obtains licence to establish commercial bank in Namibia 
By Aghogho Udi
Financial Services 1 min
Fintechs lead as African startups raise $138 million in September 2024—Report  
By Samson Akintaro

More Stories

Financial Services

Palmpay, OPay, other mobile money operators process N41.5 trillion transactions in 7 months 

Financial Services

Sue banks for illegal deductions, ex-CIBN President urges Nigerian customers 

Currencies

CBN sold $543.5 million FX to Nigerian banks in September to stem volatility 

Financial Services

CBN introduces electronic matching system for FX transactions, to begin by December 

Financial Services

Zenith Bank says banking services restored after over 48 hours of outage 

Financial Services

CBN extends suspension of cash deposit processing fees till March 31st, 2025 

Financial Services

No $49.8 billion went missing during my presidency, Jonathan refutes allegations  

Financial Services

Insecurity forces closure of five microfinance banks in the southeast in September 2023 – NDIC 

Financial Services

CBN says new IMTO licences push Nigeria’s remittance inflows to $585 million in August 2024 

Financial Services

NIBSS: E-payment transactions in Nigeria hit N89.5 trillion in July 2024, highest monthly record