The Central Bank of Nigeria said it had set aside a total sum of N2.5bn for members of the National Youth Service Corps with good business ideas. The N2.5bn which ...
Citing corruption, instability and distrust within the banking system, 70 percent of bankable adults in the country still preferred to keep their money away from the banks, a report ...
In a move to douse tension in the banking sector, the Nigeria Labour Congress has withdrawn its earlier notice to picket some of the commercial banks engaged in the mass ...
The banking sector recorded 12,279 fraud cases involving the sum of N18.02bn in the 2015 financial period, the Nigeria Deposit Insurance Corporation disclosed on Tuesday. The corporation, in its 2015 ...
The Central Bank of Nigeria (CBN) is considering admitting bureaux de change (BDC) operators into the interbank forex market, Aminu Gwadabe, President, Association of Bureau De Change Operators of Nigeria ...
Fidelity Bank Plc has expressed optimism that the prevalent economic condition triggered by the slump in global oil prices will not reduce diaspora remittances to Nigeria. It predicted that remittances ...
One of the leading electronic payments solutions, Visa International is to intensify efforts to curb fraud in the electronic payment system. The company stated that the electronic industry has developed ...
Following recent depreciation of the naira exchange rate that came with the new forex policy, Nigerian banks are likely going to face challenges servicing their US dollar obligations, a report ...
Written by a FINANCIAL WATCH reader I will like to use this medium to appreciate the good work of our indefatigable President Mohammed Buhari and the amiable Minister of Labour ...
As the nation awaits the release of lenders’ half year results any moment from now, analysts are increasingly becoming optimistic that the new flexible foreign exchange policy introduced by the ...
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