Absa closed 79 branches and more than 100 ATMs as rising digital adoption reshaped banking, while the lender expanded smaller service outlets across South Africa.
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FG opens portal for Nigerians to apply for N50m housing loan, lists requirements
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US introduces new visa rules from September 15: What families, H-1B holders and students must know
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How to Apply: Canada invites 1,000 Nigerians and others to apply for permanent residency, sets criteria
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Naira depreciates by N7.09 against dollar at official market
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Naira gains against dollar as Nigeria reserves hit 17-year high
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"My prayer was for the MPC to pause the rate hikes" Expert reacts to CBN's new interest rate
The Central Bank of Nigeria has announced a new interest rate hike which has raised questions from Muda Yusuf, the Centre for the Promotion of Private Enterprise.
“It is not working”: Expert speaks as CBN raises interest rate again
Uche Uwaleke, a professor of finance and capital markets, has reacted to the Central Bank of Nigeria Monetary Policy Committee's decision to raise interest rate.
CBN announces new interests rate, bank customers' loans, bank account deposits to change
The Central Bank of Nigeria, Monetary Policy Committee (MPC) led by Olayemi Cardoso, has once again decided to increase interest rates to fight inflation.
DMO speaks on new debt as Tinubu's government repays Chinese, IMF, other loans
According to Patience Oniha, DG of the DMO, the federal government has raised N4.5 trillion of the N6 trillion domestic borrowing target in the 2024 budget thus far.
Customers of Access Bank, GTB, others paid N119bn as service charges for e-banking transactions
Eight Nigerian banks have seen a 65% increase in e-banking charges after customers paid a total of N119bn for transactions in the first quarter of 2024.
Black market traders crash dollar, sell at new exchange rate as naira gains
The value of Nigerian currency has improved in the unofficial market ahead of the Central Bank of Nigeria's 2-day monetary policy committee meeting.
NDIC secures court order, set to complete shut down of several Nigerian banks, gives reasons
The managing director of the NDIC, Bello Hassan, said the company has secured an order from the Federal High Court to wind up several banks, eliciting reactions.
Good news: Nigeria’s Foreign reserve rises as naira gains after CBN sells dollar to banks, others
Nigeria's foreign currency (forex) reserves rose to $32.64 billion over the weekend, a $195.01 million rise that suggests greater market liquidity.
ABCON plans new digital market to buy, sell dollar, unveils name, seeks govt support
ABCON is planning to introduce a digital currency market to enhance the naira's performance and meet Nigerians' strong demand for digital currencies.
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