The naira appreciated against the United States dollar in the official foreign exchange market on Monday, closing at ₦1,465.29 per dollar, even as Nigeria recorded a sharp 33 per cent …
Banking
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BankingBusinessEconomyEnergyForeign ExchangeNigeriaOil & Gas
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BankingConsumer ProtectionDigital PaymentsEconomyFinancial InclusionNigeriaRegulation
BCAN Backs CBN’s 24–48-Hour Refund Policy for Failed ATM Transactions
The Bank Customers Association of Nigeria (BCAN) has thrown its weight behind the Central Bank of Nigeria (CBN) over the newly proposed 24 to 48-hour refund policy for failed Automated …
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BankingEconomyFinanceFinancial InclusionFintechTechnology
Qore headlines NAMB 20th anniversary, pledges support for digital transformation in microfinance
As Nigeria’s microfinance industry celebrates two decades of driving financial inclusion and empowering communities, Qore, Africa’s leading Fintech Infrastructure and Banking-as-a-Service provider, has been announced as the headline sponsor of …
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BankingCorporate AffairsDevelopmentEducationFinanceTechnologyWestern Africa
Standard Chartered hosts 2025 Finance Master Class to shape future of finance in West Africa
Standard Chartered Bank Nigeria has reaffirmed its leadership in professional development and financial innovation with the launch of the 2025 edition of its annual Finance Master Class (FMC), a flagship …
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BankingConsumer ProtectionCyber securityFintechGhanaRegulation
Bank of Ghana, EOCO Shut Down 400 Illegal Online Lenders to Clean Up Digital Finance Sector
The Bank of Ghana (BoG), in partnership with the Economic and Organised Crime Office (EOCO) and the Cyber Security Authority, has shut down more than 400 illegal online lending platforms …
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BankingFinanceForex TradingGhanaRegulation
Bank of Ghana Restores UBA Ghana’s Forex Trading Licence After Compliance
The Bank of Ghana has lifted the suspension of the Foreign Exchange Trading Licence of United Bank for Africa (UBA) Ghana Limited, following the bank’s full compliance with the Central …
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BankingDevelopmentEconomyFinanceINVESTMENTMonetary PolicyNigeria
CBN to Offer N650bn Treasury Bills at October 22 Auction
The Central Bank of Nigeria (CBN) has announced plans to conduct another round of Treasury Bills (T-Bills) auction on Wednesday, October 22, 2025, with a total of N650 billion worth …
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BankingCapital MarketEconomyFinanceINVESTMENT
Wema Bank Strengthens Capital Base with Fully Subscribed N50 Billion Special Placement
Wema Bank Plc has announced the successful completion of the second tranche of its N50 billion Special Placement, which was fully subscribed by investors. The achievement further strengthens the bank’s …
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AfricaBankingBusinessEconomyFinanceINVESTMENT
Zenith Bank Plans Major Expansion into Côte d’Ivoire and Francophone Africa After N614.65bn Capital Raise
Zenith Bank Plc has announced plans to expand its operations into Côte d’Ivoire and eight other Francophone African countries, marking a major step in its goal to become a leading …
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AwardsBankingBusinessFinanceINVESTMENTTechnology
CardinalStone Group Shines at 2025 BAFI Awards with Dual Wins
CardinalStone Group has won two major awards at the 2025 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, further solidifying its reputation as one of Nigeria’s most innovative and trusted …