The Central Bank of Nigeria (CBN), says the closure of Nigeria’s land border will boost local production as well attracting foreign direct investment (FDI) into the...
The Governor of Central Bank of Nigeria, Godwin Emefiele has said that the Nigerian banking sector is strong in spite of the fact that some banks...
The vice president, Prof Yemi Osinbajo has urged banks to rethink on their method of managing risks in the sector because the use of huge bailout...
MTN Nigeria says it has not started charging its subscribers for bank transactions done via unstructured supplementary service data (USSD). The USSD allows banks’ customers access...
The body of Nigerian Bank Chief Executive Officers, CEOs, has reacted to report that banks directed MTN Nigeria Communication Plc to start charging customers for USSD...
Customers of telecommunication company, Airtel Africa, will soon be able to request for loan from Ecobank after the network provider and the lender reached an...
The minister of Communications, Dr Isa Pantami has directed the Nigerian Communications Commission (NCC) to address the purported high cost and illegal deduction of data by...
The Governor of Central Bank of Nigeria Godwin Emefiele has disagreed with the International Monetary Fund (IMF) that foreign exchange restrictions place on some items in...
Electricity generation companies (GenCos), comprising gas-fired and hydro stations, say they could not generate 1,631.5 megawatts of electricity on Saturday due to unavailability of gas. This...
As part of its continued intervention in the foreign exchange market, the Central Bank of Nigeria (CBN) injected a cumulative sum of $8.28 billion to further...