One person has reportedly been killed in Osogbo, the Osun state capital, after gunmen attempted to gain access to Davido, the award-winning Nigerian singer.
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.
Binance, the world’s largest cryptocurrency exchange, has announced plans to list Hamster Kombat tokens for users ahead of the September 26 airdrop.
The naira has appreciated against the US dollar in the official market but remained stable in the black market, as the CBN gains more resources to defend.
Banks will close branches nationwide on September 16 for Eid-ul-Mawlid public holiday, customers have been advised to use ATMs, USSD, and online services.
The Central Bank of Nigeria has issued instructions to Point of Sale operators and Payment Service Banks in a bid to better track the daily transactions.
Nigerian currency has lost more value against the United States dollar in the foreign exchange markets despite the recent intervention from the CBN.
The Central Bank of Nigeria has revealed that Nigeria’s foreign reserves have increased following a successful $500m bond issuance, a big boost for the naira.
A major Nigerian bank announced delays in funds transfers across digital platforms, apologized for the inconvenience, and is urgently working to resolve the issue.
President Bola Tinubu has once again explained the reasons for removing the fuel subsidy and promised that the funds will be used for development.
Kuda Bank has rolled out virtual and physical point-of-sale solutions aimed at simplifying payment processing for freelancers and small to medium-sized businesses.
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