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...
CPPE Urges CBN to Ease Monetary Policies to Boost Credit Flow to SMEs, Key Sectors
The Centre for the Promotion of Private Enterprise (CPPE) has called on the Central Bank of Nigeria (CBN) to adopt more flexible monetary measures...
