Leading investment firm Chapel Hill Denham and billionaire businessman Tony Elumelu have backed growing optimism that the naira could sustain its appreciation trend, aligning with recent comments b…
Naira: Why Chapel Hill Denham, Elumelu align with stronger outlook Read More »
The Central Bank of Nigeria (CBN) has warned deposit money banks against the use of unaccredited cheque printers, stating that offenders will face fines of up to N10 million per infraction, alongsi…
CBN imposes N10m fine on banks using unaccredited cheque printers Read More »
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has unveiled a diaspora banking and investment platform designed to serve Africans living and working across the world and within the continent. The platform, launched in collaboration with leading ecosystem partners including United Capital, Africa Prudential, UBA Pensions, Afriland Properties, Heirs Insurance Group, and Avon Healthcare
UBA unveils diaspora platform to power global African lifestyle Read More »
The Financial Services Industry emerged as the most-traded sector on the Nigerian Exchange (NGX) during the week, as Access Holdings Plc, Zenith Bank Plc, and Deap Capital Management & Trust Pl…
The Nigeria Deposit Insurance Corporation (NDIC) has held a stakeholders’ engagement session in Lagos aimed at deepening public understanding of the expanded Deposit Insurance Scheme (DIS) and stre…
Nigerian commercial banks deposited a net N51.5 trillion with the Central Bank of Nigeria (CBN) through the Standing Deposit Facility (SDF) in January 2026, preferring risk-free returns over lendin…
SDF: Banks deposit N51.5trn with CBN to earn risk-free returns in January Read More »
