Nigerian Banks To Pay Customers Money Sent From Abroad In Naira
Nigerian banks have begun full implementation of the Central Bank of Nigeria’s…
CBN Directs Banks To Limit Exposure To Foreign Currency
The Central Bank of Nigeria, CBN, has issued a new set of…
Nigerian Student Returns 500,000 Naira Mistakenly Sent To His Bank Account
Ahmed Adebowale, an undergraduate of the University of Ilorin, has returned N500,000…
Gtbank, Zenith, Fidelity, Unity Bank Under Investigation For Data Breach
The Nigeria Data Protection Commission (NDPC) says it is investigating three banks,…
US Regulator Accuses Binance Of Running An illegal Exchange
Federal regulators have sued Binance, the world’s largest crypto exchange, accusing the…
‘Tony Elumelu Backstabbed Me’ — Femi Otedola Cries Out
Nigerian businessman Femi Otedola has accused the chairman of Transnational Corporation of…
3 Nigerian Banks Change Their Names; Sterling Splits Into 2
Nigerian banks are repositioning for more significant impacts, better product offerings, and…
PoS Operators Record 1.15trn Transactions In March 2023
As more Nigerians embrace electronic transactions, Point of Sale terminals recorded N1.15…
40% Of Failed Transactions Unresolved As ePayments Hit N49.4 Trillion
Despite several complaints of unresolved failed electronic transactions that trailed the payment…
Africa-Focused Bitcoin Platform Paxful Suspends Operations
Paxful CEO Ray Youssef said on a Twitter space that the decision…
FG To Disburse $800m To 50m Nigerians As Palliative For Petrol Subsidy Removal
The federal government says it has secured the sum of $800 million…
Transcorp Hotels Plc Records N31.4bn Revenue In 2022
The hospitality subsidiary of Transcorp Group, Transcorp Hotels Plc (NGX: TRANSCOHOT), has…
Federal Government Charges First Bank MD, Others With Forgery
The Federal Government has filed charges against First Bank of Nigeria Limited,…
Currency In Circulation Now N982bn – CBN
The currency in circulation in the country dipped by a 235.03 per…
Supreme Court Nullifies FG’s Cashless Policy, Naira Redesign
The Supreme Court of Nigeria on Friday in Abuja nullified the Federal…
CBN Reviews Tenure Of Banks’ Management, Non-Executive Directors
The Central Bank of Nigeria (CBN) has revised the requirements for the…
Nigeria Stock Market Suffers N37bn Decline
The stock market suffered a N37 billion decline on Tuesday after experiencing…
UBA Appoints Abiola Bawuah As First Female Africa Operations CEO
The Board of Directors of United Bank for Africa Plc has announced…
New Report Predicts Bitcoin To Hit $188,451, Set Timeframe For New All-Time High
A new report by independent research firm, Finder, has predicted that Bitcoin…
Family Members Reject Old Naira Notes As Bride Price
The family of a bride-to-be in Gbako Local Government Area of Niger…
Investors Cut Ties With GTBank, Others Amid CBN’s N1m Sanctions Threat
Investors are cutting ties with Access Bank, Guaranty Trust Holding Company (GTCO)…
Binance Freezes Withdrawals Of Stablecoin USDC As Rattled Investors Pull $2bn
Binance has temporarily paused withdrawals of a major stablecoin after customers pulled…
Former FTX CEO Bankman-Fried Arrested In Bahamas After U.S. Files Charges
FTX founder Sam Bankman-Fried was arrested in the Bahamas at the behest…
Naira Crashes To 800 Per Dollar
The naira’s downward spiral has reached another historical low under the President…
Naira exchanges at N441.25 to $1 as value appreciates
The naira on Monday appreciated slightly against the dollar at the Investors…
Naira exchanges at N441.25 to $1 as value appreciates
The naira on Monday appreciated slightly against the dollar at the Investors…
Weeks After Erroneous Debit, First Bank Yet to Return Web Developer’s Money
Ogunmakin Damilola, an Ogun State-based web developer, has accused First Bank of…
Dangote, Otedola Asked to Pay ASUU’s N1.1 Trillion Demand
Nigerian billionaires, Aliko Dangote and Femi Otedola have been asked to pay…
Imo Community Protests Abandonment, Demands 50% Of N70bn Oil Tax Money Paid By Oil Companies
Elders from Egbema, Imo State, on Thursday protested over alleged neglect of…