Central Bank of Nigeria (CBN) raised N1.7 trillion from its oversubscribed open market operations conducted on Monday, according to outcome from its OMO bills sales. The...
FCMB Group Plc have got shareholders mandate to raise additional N400 billion capital. The approval was given during an Extraordinary General Meeting (EGM). The approval for...
The National Pension Commission says the recapitalisation of Pension Fund Administrators remains firmly on course, with all operators expected to meet the new capital requirements by...
Central Bank of Nigeria said it has revoked the operating licenses of Aso Savings and Loans Plc, Union Homes Savings and Loans Plc. This is because...
Bitcoin one of the prime digital assets value dropped to $88k as market anticipates the Bank of Japan’s interest rate cut expectation to trigger negative trading...
The Central Bank of Nigeria (CBN) has injected a total of $150 million to boost liquidity in the forex market as the US dollar shortage lingers...
Access Bank showcased leadership in advancing cross-border payments at the inaugural Pan-African Payment and Settlement System (PAPSS) COWRY 2025 Participants Forum, held on December 2-3, 2025,...
Central bank of Nigeria said it has granted final operating licenses to 82 Bureaux De Change (BDCs) to operate with effect from November 27, 2025. The...
Nigeria’s foreign reserves have crossed the $45 billion mark, according to the latest data released by the Central Bank of Nigeria (CBN). Last week foreign exchange...
African Export-Import Bank said it has successfully closed its second Samurai bond transaction, securing a total of JPY 81.8 billion (approx. USD 527 million) through Regular...
Ecobank Nigeria, a member of Africa’s leading pan-African banking group, has announced the launch of the Ecobank SME Bazaar—a two-weekend festive marketplace designed to celebrate local...
The Central Bank of Nigeria (CBN) has said that16 banks have so far met the new capital requirements for their various licences, some four months before...
Ghana’s central bank cut its main interest rate by 350 basis points to 18.0% on Wednesday, citing an improved economic outlook and expectations for further declines...
Central Bank of Nigeria Monetary Policy Committee has retained the Monetary Policy Rate at 27 per cent, maintaining its tight monetary policy as part of ongoing efforts to rein in...
At the recent Bloomberg Africa Business Summit, some of the continent’s most influential banking leaders convened to address a defining question for Africa’s economic trajectory: How...