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...
The Central Bank of Nigeria reports positive outcomes from implemented monetary reforms
The Central Bank of Nigeria has declared that its monetary policy reforms are yielding positive results for the nation's economy.
In response to the recently...
Nigerian banks, Unity Bank and Providus Bank, explore the possibility of a “Business Combination” agreement
Unity Bank, a publicly listed Nigerian bank, is currently in talks with Providus Bank regarding a potential business combination.
According to sources familiar with the...
The decline of the Naira continues, even in the face of a 46% increase in dollar turnover
The volume of dollars traded on the Investor & Exporter forex window surged by 46.69%, reaching $123.25 million on Monday, compared to $84.02 million...
