Financial Services

The Central Bank of Nigeria (CBN) has disclosed that it will create a dedicated office to manage dormant accounts and...

The Corporate Affairs Commission (CAC) has announced guidelines for the recapitalization and merger of banks and other financial institutions, among...

The 50 largest banks in Africa have a total asset size of about $900 billion, with a market capitalization of...

Nigeria's leading commercial banks recorded significant FX revaluation gains, estimated at a combined total of N3.37 trillion in 2023 and...

The Nigerian senate yesterday passed the amendment bill of the 2023 finance act and increased the windfall levy on banks foreign...

Mr. Yemi Cardoso has stated that dormant accounts in Nigeria are more susceptible to fraudsters in Nigeria and the reason...

Haril Global Solutions Ltd and two others are challenging a court order that froze their accounts totaling N1.2 billion across...

Three major Nigerian banks—GTCO, Access Holdings, and Fidelity Bank—are set to allocate a total of N186 billion ($244 million) from...

The Central Bank of Nigeria (CBN) has reported a 39% increase in inflows through International Money Transfer Operators (IMTOs) for...

The Centre for the Promotion of Private Enterprise (CPPE) has asked the Central Bank of Nigeria (CBN) to put a...