The Fintech Association of Nigeria, known as FintechNGR, has stepped up its efforts to build stronger ties with regulators and lawmakers in order to grow the country’s financial technology sector. …
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has revealed that diaspora remittance inflow into the country has seen a significant increase, rising from $200 million to …
Guaranty Trust Holding Company Plc (GTCO) has made a huge capital injection of ₦365.85 billion into its main subsidiary, Guaranty Trust Bank Limited (GTBank), in order to meet the Central …
Nigeria recorded a strong rise in foreign capital inflows in the first quarter of 2025, attracting a total of $5.64 billion. The latest capital importation report released by the National …
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, and the Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso, have pledged closer coordination …
The National Pension Commission (PenCom) has issued a strong warning to Pension Fund Administrators (PFAs) against investing workers’ retirement savings in the Additional Tier-1 (AT1) capital instruments of Deposit Money …
The Governor of the Central Bank of Nigeria, Mr Olayemi Cardoso, has restated the bank’s commitment to supporting women’s financial inclusion and leadership development as part of Nigeria’s wider plan …
The Nigeria Deposit Insurance Corporation (NDIC) has disclosed that it has paid ₦54.62 billion to 691,418 depositors of the now-defunct Heritage Bank. The Corporation also announced a liquidation dividend of …
Businesses across Nigeria say high interest rates have become the most severe challenge affecting their operations, surpassing long-standing problems like insecurity and poor electricity supply. This was revealed in the …
Veteran Asia-Pacific investor and founder of the Research Alpha fund, Michael McGaughy, has praised the economic reforms introduced by the Central Bank of Nigeria and President Bola Tinubu’s administration, describing …