Britain’s competition regulator has fined Citi and Royal Bank of Canada a combined 104.5 million pounds ($132.4 million) for exchanging sensitive information…
Finance
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International Monetary Fund IMF has said that global foreign direct investment grew again in 2023 after declining the previous year. Inward direct…
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Central Bank of Nigeria Monetary Policy Committee has left its benchmark interest rate unchanged after six hikes last year, saying that it…
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Nigeria’s treasury bills auction, conducted on February 19, 2025, attracted significant investor interest, with total subscriptions reaching N2.41 trillion across the three…
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Central Bank of Nigeria CBN has said that Keystone bank is safe, sound and secure. The apex bank in a statement said…
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The triple-A ratings of the World Bank and other top multilateral lenders would be at risk if the United States withdraws support…
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Data from FMDQ has shown that total foreign exchange inflows into the Nigerian Autonomous Foreign Exchange Market (NAFEM) rose by 53.3% to…
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Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has successfully closed a $400 million Shariah-compliant Commodity Murabaha facility, marking its…
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Bitcoin, Ethereum climbed as top cryptocurrencies rebounded strongly Tuesday after sell pressures reduced the value of all major assets in the market.…
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The National Insurance Commission (NAICOM) has issued additional regulatory requirements for life insurance companies carrying on annuity business in the country. An…
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Electronic payment transactions in Nigeria rose to $702.6 billion in 2024. According to the data released by the Nigeria Inter-Bank Settlement System…
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The Central Bank of Nigeria (CBN) has approved the 2025 licence renewal fee waiver for the Bureau De Change (BDC) operators with…
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Statistics from the National Insurance Commission (NAICOM) say the insurance industry recorded N3.877 trillion in total assets in the third quarter of…
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Zenith Bank Plc has raised a total of N350.4 billion through its recently concluded hybrid Rights Issue and Public Offer. In a…
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Zenith Bank Plc has raised a total of N350.4 billion through its recently concluded hybrid Rights Issue and Public Offer. In a…