The Central Bank of Nigeria (CBN) has formally addressed recent public concerns and misinformation regarding charges associated with the newly introduced Non-Resident Bank Verification Number (NRBVN)…
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The Central Bank of Nigeria (CBN) has released its financial statements for the year ended December 31, 2024. It reveals a significant divergence in performance between…
The Central Bank of Nigeria (CBN) has introduced significant updates to the documentation requirements for transactions. This is intended to be carried out via the Pan-African…
Mali, Burkina Faso, and Niger, neighbouring countries in West Africa, have introduced a new 0.5% tax on imported goods as they aim to finance a new…
Nigeria experienced another widespread blackout on Friday as the country’s electricity grid suffered a partial collapse, plunging several cities into darkness. The grid failure, attributed to…
African telecommunications giant MTN Group has transferred ownership of its subsidiary in the Republic of Guinea to the government. In a press release issued on Thursday,…
The Nigeria Exchange or NGX closed negative on Friday dipping by 0.11 per cent week-on-week due to weak market momentum which earned investors N39bn in loses.…
The co-CEO and president of the Nigerian financial technology business Opay, Olu Akanmu, has announced the end of his chapter there and the beginning of other…
Moruf Oseni, the immediate past deputy managing director of Wema Bank, has assumed the position of substantive managing director and chief executive officer of the lender…
Ghana’s Central Bank has lauded the African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) initiative for its role in equipping women-owned businesses to…