Finance & Banking

CBN Adopts Artificial Intelligence in Monetary Policy, Says Governor Yemi Cardoso

The Governor of the Central Bank of Nigeria (CBN), Dr. Yemi Cardoso, has announced that the apex bank has begun adopting Artificial Intelligence (AI)...

Moniepoint Clarifies £1.2m Reported Loss by UK Subsidiary as Start-Up Investment Cost

Leading Nigerian fintech company Moniepoint Inc has clarified reports of a £1.2 million loss recorded by its United Kingdom subsidiary, Moniepoint GB, during the...

FTSE Russell Places Nigeria on Watch List for Possible Reclassification as Frontier Market

London — Global index provider FTSE Russell has announced that Nigeria has been added to its watch list for potential reclassification as a frontier...

CBN Orders Banks to Submit Monthly POS Transaction Reports

The Central Bank of Nigeria (CBN) has directed all financial institutions to begin submitting detailed monthly reports on the activities of their Point-of-Sale (POS)...

Stanbic IBTC Confirms Appointment of Chukwuma Nwokocha as Group Chief Executive

Lagos, October 3, 2025 — The Board of Stanbic IBTC Holdings Plc has announced the appointment of Mr. Chukwuma (Chuma) Nwokocha as the substantive...

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