Fitch Ratings has affirmed Nigeria-based Bank of Industry Limited’s (BOI) credit or Long-Term Issuer Default Rating (IDR) at ‘B’ and its National…
Finance
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African Development Bank will launch a carbon markets support facility for the continent, senior bank officials said on Thursday, to unlock finance…
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Ecobank, has been named Best Bank in Africa 2025 in Global Finance’s World’s Best Banks 2025 Awards. The Awards also selected Ecobank…
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National Insurance Commission (NAICOM) has championed an engagement between stakeholders in the Nigerian insurance and marine industries with the Ghana Cargo Technical…
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Finance
Nigerian banks face 12-month deadline as CBN unveils AI-driven anti-money laundering standards
Central Bank of Nigeria (CBN) has issued a draft framework aimed at overhauling anti-money laundering (AML) practices across the country’s financial sector.…
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Governor Central Bank of Nigeria, Olayemi Cardoso addressing a press conference post MPC meeting in Abuja said that the apex bank voted…
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Investment, CSL Stockbrokers Limited, has said that the United States plan to apply tax to remittances could weaken Nigeria’s FX inflows if…
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MTN Nigeria and the Chartered Institute of Taxation of Nigeria have canvassed urgent tax reforms to boost national development. They made the…
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Executive secretary of the UN Economic Commission for Africa, Claver Gatete, says Africa’s public debt crisis is a deeper development crisis requiring…
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Nigeria has repaid $3.4 billion in emergency funding it received from the International Monetary Fund (IMF) to help the country cope with…
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Central Bank of Nigeria (CBN) has opened fresh open market operations (OMO) bills to foreign portfolio investors and authorised local deposit money…
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Nigeria has approved a $652-million China Exim Bank funding package for construction of a road to move goods from a sea port…
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Former Vice President of the African Development Bank and former Minister of Economy, Planning and Cooperation of Senegal Mr. Amadou Hott has…
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The Managing Director of Wema Bank, Moruf Oseni, has said the bank’s goal is returning to Nigeria’s top tier of banking. He…
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Central Bank of Nigeria has slammed a N250 million fine on a Nigeria-based payment processor, Paystack, for launching Zap app without approval…