Banking & Finance
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1.5KFG Unveils Pension-Backed Loans to Empower Retirees
In a bold move to strengthen Nigeria’s consumer credit system and extend financial inclusion to senior citizens, the Federal Government on Thursday...
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1.2KCBN Sets Six-Month Deadline for Successor Bank Chiefs
The Central Bank of Nigeria has issued a fresh directive compelling all Domestic Systemically Important Banks to obtain regulatory approval for the...
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96Nigerians can Open Bank Accounts Without Tin –FIRS
The Federal Inland Revenue Service (FIRS) has clarified recent misconceptions suggesting that Nigerian citizens must possess a Tax Identification Number (TIN) to own...
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CBN Plans New Payments System
The Central Bank of Nigeria (CBN) has commenced the development of a new framework for the country’s payments ecosystem. The apex has...
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2.5KS&P 500 Hits Record as Bonds Fall Before Inflation
Stocks hit all-time highs on hopes the Federal Reserve will cut interest rates to curb a jobs downturn, with traders gearing up...
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2.4KCardoso Rallies Banks to Meet $1 billion Monthly Diaspora Remittance Target
Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, yesterday, urged Nigerian banks to intensify support for the apex bank’s efforts to grow...
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2.4KTinubu Urges Bankers to Boost Funding to Manufacturing Sector, Digital Innovations, Others
President Bola Tinubu, yesterday, urged the banking sector to do more to support the country’s struggling manufacturing sector to boost its contribution...
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2.4KSenate Seeks Extension of CBN’s Forbearance Loans Deadline
Izunaso, who made the call at the 18th Annual Banking and Finance Conference of the Chartered Institute of Bankers of Nigeria (CIBN)...
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2.5KLending Rates May Fall as Inflation Eases –CBN
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has hinted that lending rates may decline in the coming months as...
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2.9KNigeria Faces Remittance Strain as UK Borrowing Costs Hit 27-Year High
Nigeria may see a slowdown in remittance inflows from the United Kingdom as its borrowing costs have climbed to their highest level...
