Banking, Finance & Investment

Central Bank of Nigeria (CBN) has barred the proposed Payments Service Holding Companies (PSHC) from borrowing from the Nigerian banking system for the purpose of capitalising itself or any of …

Central Bank of Nigeria (CBN) has allayed fears over domiciliary account deposits as it dismissed rumours of plans to convert foreign exchange in customer’s domiciliary accounts into Naira. Osita Nwanisobi, …

Association of Mobile Money and Bank Agents in Nigeria (AMMBAN ) has frowned at none compliance and monitoring of activities of agents deployed on the financial inclusion programme of the …

The market capitalisation of the Nigerian Exchange (NGX) Limited returned to the N20 trillion region on Tuesday after it grew by N104 billion to settle at N20.027 trillion in contrast …

The Mastercard Foundation announced that it has signed the Host Country Agreement which will enable the Foundation to empower 10 million young people in Nigeria to access dignified and fulfilling …

Securities and Exchange Commission (SEC) has licensed Cowrywise Financial Technology Limited, a wealth management startup to run asset management services. Co-founded by Messrs Razaq Ahmed and Edward Popoola in 2017, …

The World Bank Migration and Development Report for 2021 has reported an increase of 5 per cent to $3.6 billion in remittances flows to Ghana despite the lockdown in many …

Dr Akwasi Atuahene, a bank consultant, has urged the Bank of Ghana to take action against financial institutions that fail to implement its new directives to stop deducting service charges …

There was a relief at the unregulated segment of the foreign exchange (FX) market on Thursday after days of anxiety caused by hoarding and panic buying. The Nigerian currency strongly …

Speedaf express a leading China-Africa integrated logistics service provider, officially announced the completion of its Round A+ financing. This round of financing was led by TRUSTBRIDGE, followed by northern light …