Federal Reserve Announces ‘Global Digital Currency’ to Replace US Dollar
United States Federal Reserve Chairman Jerome Powell on Friday hinted at that a global digital…
Category: Banking/Finance
Global Remittances Flow May Hit $5.4trn by 2030
Despite predictions that the COVID-19 pandemic may have reduced remittance flows, the momentum was…
How Afreximbank Facilitated Titan Trust Bank’s Complete Acquisition Of Controlling Share In Union Bank Olus
How Afreximbank Facilitated Titan Trust Bank’s Complete Acquisition Of Controlling Share In Union Bank …
CBN Directs Banks To Get Indemnity For Online Transfers Above N1m
The Central Bank of Nigeria, CBN, has mandated commercial banks and payment service providers…
Access Bank Deploys Sunref For LBS’ Energy Project
Nigeria’s largest banking institution, Access Bank Plc and Lagos Business School have agreed to fund…
BOI Grows Profit by 75%; Declares Dividend Payment to Ministry of Finance, CBN
The Bank of Industry (BOI) has recorded a 75% percent increase in its…
ABP Loan: CBN To Clampdown On Defaulting Farmers
The Central Bank of Nigeria (CBN) has appealed to farmers who defaulted in paying back…
FirstBank To Reward Customers In FirstMobile Cash-Out Promo
In collaboration with Interswitch, FirstBank has launched a promo to reward users of the FirstMobile…
Afreximbank, African Oil producers Sign MOU On Energy Bank for Africa
The Pan-African multilateral trade finance institution, the African Export-Import Bank (Afreximbank), has signed a Memorandum…
UBA Facilitated Over 25,000 Trade Transactions In Nigeria In Four Months
Over 25,000 trade transactions were processed by the United Bank for Africa (UBA…