OPay addresses the security of customers’ funds in response to the CBN’s directive for banks to sever fund transfer channels with fintech platforms
Fintech powerhouse Opay has responded to the recent directive from the Nigeria Inter-Bank Settlement System (NIBSS), instructing banks in the country to remove non-deposit-taking...
Counterfeit Nigerian currency circulating, CBN cautions the public
The Central Bank of Nigeria has issued a cautionary alert urging Nigerians to exercise caution due to the circulation of counterfeit naira notes amid...
The Naira experiences a 16% decline, concluding the week at N927 per dollar
The official Investor and Exporter forex window recorded the naira closing the week at N927.19/$, reflecting a 16.64% decrease from the previous week's N794.89/$,...
Banks are concerned about a potential surge in activity after the Central Bank of Nigeria restricts access for customers without BVN and NIN in...
On Friday, the Central Bank of Nigeria instructed commercial banks to enforce a "post no debit" restriction on accounts lacking Bank Verification Numbers and...
Ecobank’s earnings surge to N1.21 trillion, showcasing remarkable growth
The Ecobank Group witnessed a remarkable 59% growth in gross earnings, reaching N1.21tn by the end of September 2023, compared to N761.29bn in the...
