This is just as Standard and Poor’s (S&P) has affirmed its ‘B/B’ long and short-term sovereign credit ratings on Nigeria. The agency also assigned a “stable outlook” on the country.
Qatar's central bank has asked US regulators to investigate an Emirati bank that Doha accuses of waging "financial warfare" against it.
Despite Central Bank of Nigeria’s (CBN) effort to promote financial inclusion, the Nigeria Inter-Bank Settlement System (NIBSS) banking industry statistics shows that the number of customers using financial services reduced in 2017.
International Monetary Fund (IMF) has cautioned against rising risks in the banking sector leading to banks borrowing a total of N2.496 trillion from Central Bank of Nigeria (CBN) during the last three months of 2017 according to data obtained from the apex bank at the weekend.
Sterling Bank Plc has taken its financial inclusion drive to the next level with the training of over 20,000 secondary school students nationwide, to mark the 2018 edition of the Financial Literacy Day.
The British pound recovered Friday from weakness prompted by a Russian decision to expel British diplomats, as the world rallied in support for London in a crisis sparked by the poisoning of a double agent, analysts said.
One of Nigeria’s most reliable financial institutions, Keystone Bank Limited has launched ‘KeyServ’ (An Agency Banking Proposition) to serve customers outside its conventional brick & Mortar mode of banking.
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, said on Thursday the Monetary Policy Committee (MPC) meeting would hold between seven and 10 days after the Senate confirms the list of deputy governors and MPC members submitted by President Muhammadu Buhari.
The Central Bank of Nigeria (CBN), bank operators and other stakeholders in the financial sector on Thursday deliberated on ways to ensure financial inclusion of additional 7.6 million Nigerians in 2018.
The foremost institutional Bank, Guaranty Trust Bank plc, has released its audited financial results for the year ended December 31, 2017 to the Nigerian and London Stock Exchanges.
Google has announced it will ban advertisements that promote cryptocurrencies and initial coin offerings (ICOs) starting from June.
The Central Bank of Nigeria (CBN) in its quest to guarantee the availability of foreign exchange for customers’ needs has injected another 210 million dollars into the foreign exchange market.
Zenith International Bank has announced gross earnings of N745.19 billion for the financial year ended Dec. 31, 2017.
National Insurance Commission, NAICOM, has appealed to insurance brokers to desist from engaging in unprofessional practices because they hinder growth of the sector.
The Central Bank of Nigeria (CBN) has asked a Federal High Court in Owerri not to make absolute the temporary garnishee order it granted six chiefs representing the Ogoni community, compelling it to pay the sum of N122.53 billion on behalf of First Bank of Nigeria Limited (FirstBank).
It has also significantly surpassed the $40 billion target for 2018 announced by the Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, last November, and is expected to inch up to $50 billion in the next few months.
Armed bandits have allegedly abducted four Turkish expatriates at a local drinking joint in Gbale village, Edu local government area of Kwara State.
Marvel’s “Avengers: Endgame” will become the highest-grossing film of all time this weekend, parent company Disney said in a statement Saturday.
A female suicide bomber killed six people — including two policemen — in Pakistan’s restive northwest Sunday in an attack claimed by the Taliban, officials said.
Juventus defender Leonardo Bonucci believes his side have signed ‘the best young player in the world’ in Matthijs de Ligt.
Bauchi State Government on Sunday said that it has recorded outbreak of three types of animals and birds diseases in the last six months in some parts of the state.
The General Officer Commanding (GOC), 8 Division, Sokoto, Major General Hakeem Otiki, has been placed under house arrest, according to a report.
The United States National Weather Service has warned of a possible killer heat wave across parts of the country starting from Wednesday through the weekend.
Bayern Munich midfielder Renato Sanches believes manager Niko Kovač needs him at the club next season.
An Ile-Ife Magistrates’ Court in Osun on Tuesday remanded one Hammed Ajala, 37, in prison custody over alleged car theft.
The Economic and Financial Crimes Commission (EFCC) yesterday handed over a property forfeited by the late Chief of Defence Staff (CDS), Air Chief Marshal Alex Badeh, to the Voice of Nigeria (VON), which now becomes the new headquarters of the broadcast station.