Banks across the country have commenced the enforcement of the Central Bank of Nigeria’s (CBN) directive to limit Point-of-Sale (PoS) withdrawals to N100,000 per day and N500,000 per week for ...

The Nigerian stock market is poised for significant growth in 2025, with Arthur Steven Asset Management Limited (ASAM) projecting a 39 per cent return on the All-Share Index (ASI). According to the Ma ...

IAS 29, titled Financial Reporting in Hyperinflationary Economies, provides accounting guidelines for countries experiencing hyperinflation.

In line with CBN directives, please note that effective immediately, the daily withdrawal limit on PoS is now N100,000, while the weekly ...

The Central Bank of Nigeria has countered the World Bank's 3.7 per cent economic growth outlook for Nigeria, stating the ...

Nigeria’s foreign exchange reserves experience a sharp decline, falling by $832.62 million between January 6 and January 21, 2025, according to data from the Central Bank of Nigeria (CBN).

Nigeria's foreign exchange reserves have fallen sharply by $832 million in two weeks, raising concerns about currency stability.

There are indications that banks have begun the implementation of a daily withdrawal limit of N100,000 and a weekly limit of N500,000 on Point-of-Sale terminals.

This department will be inward-facing and outward-facing as well. The department will be functional by the end of February, ...

Olayemi Cardoso, has announced the creation of a new Compliance Department within the bank, which is scheduled to become operational by the end of February 2025.

African fintech company, Moniepoint has secured funding of over $10 million from Visa, bringing its Series C raise to an excess of $120 million. The digital payment company explained that the ...