Sunday, April 19, 2026
Soludo urges banks to adjust to new developments following ACFTA agreement
A former Governor of the Central Bank of Nigeria, Prof Charles Soludo, has urged Nigerian banks to adjust to developments that...
Read moreDetailsTreasury bills experience three-year low drop rate
The Nigerian Treasury Bills (NTBs) rates have dropped to single-digit at the end of yesterday’s primary market auction (PMA). Analysts...
Read moreDetailsECB increases lending to peripheral banks with bonus charge
Banks in Italy and other peripheral euro zone countries are grabbing tens of billions of euros in idle cash from their...
Read moreDetailsNDIC extends MMO subscribers’ maximum limit to N500,000
Following intense complaints from the Mobile Money Operators in the country, the Nigeria Deposit Insurance Corporation (NDIC) has extended its...
Read moreDetailsLebanese banks to reopen; association asks customers to show consideration
Lebanon’s banking association said on Thursday that banks would reopen on Friday to meet “urgent” needs after being shut for...
Read moreDetailsNigeria, others’ external debts rise at slow pace, says World Bank
THE external debt stock of low and middle-income countries, such as Nigeria and many countries in sub-Saharan Africa, rose 5.2...
Read moreDetailsCashless policy: No processing fees, tax, for cash agents says CBN
The Central Bank of Nigeria (CBN) has said to encourage cashless policy, agent locations would be omitted from paying processing...
Read moreDetailsFed adds longer-term cash to U.S. banking system
The Federal Reserve on Tuesday injected longer-term cash into the U.S. banking system in an effort to meet the funding...
Read moreDetailsEcobankPay hits N2bn transactions value, as 100,000 merchants onboarded
Ecobank Nigeria says over 100,000 merchants have been onboarded on the EcobankPay platform with transaction value reaching N2billion. EcobankPay offers...
Read moreDetailsKuda secures $1.6m pre-seed funding to start a first online retail banking in Nigeria
Kenneth Afor with agency report Kuda, Nigeria’s only online retail bank has secured pre-seed funding of $1.6 million to commence...
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