Nigerian commercial banks are scrambling to meet the Central Bank of Nigeria’s (CBN) July 14 deadline for submission of Capital ...

U.S. President Donald Trump said Tuesday he plans to announce tariffs on imported semiconductors and pharmaceuticals, with ...

Stanbic IBTC Holdings Plc has announced that it has surpassed the ₦500 billion minimum capital requirement set by the Central ...

Zenith Bank is in advanced talks to acquire a tier-two bank in Kenya. The Central Bank of Kenya has raised capital requirements, triggering market consolidation. Zenith raised $228 million in early ...

L-R: Anya Edmund Duroha Chairman, African Founders Launchpad; Buchi Okoro, Co-founder and Chief Executive Officer of Quidax; Pascal Maguire, Sales Director for Africa at Fireblocks; Ajibade Laolu ...

Speaking at the event, Abdulrasheed Dan Abu, Head of FinTech and Innovation at the Securities and Exchange Commission, underscored the programme's significance. He stated that the initiative reflects ...

The CBN has asked the banks to submit their detailed Capital Restoration Plan (CRP) showing how they plan to reduce risks and return to full compliance.

Investing.com - The U.S. dollar slipped lower Tuesday, retreating after sharp gains overnight, as traders digested the latest ...

The Central Bank of Nigeria has directed commercial banks in the country to submit a capital restoration plan. The apex bank ...

One of the cheerleader-organisations of Nigeria’s recent economic reforms—The World Bank—seems to have turned a turncoat, ...