
Naira Strengthens to N1,520/$ as Forex Reserves Hit $41.5 Billion
Naira appreciated to N1,520/$ as Nigeria’s forex reserves rose for the ninth consecutive week to $41.5bn, driven by investor inflows
Naira appreciated to N1,520/$ as Nigeria’s forex reserves rose for the ninth consecutive week to $41.5bn, driven by investor inflows
FCCPC has unveiled new regulations for digital lenders in Nigeria, banning harassment, privacy breaches, and exploitative rates
Nigeria and Brazil have begun talks to strengthen financial cooperation, focusing on mobile money expansion, payment systems, and fintech
Stanbic IBTC shares jump 17% in July, crossing 71% year-to-date return. Strong Q1 results and a new China Development Bank deal boost investor confidence.
Sterling Bank Plc to raise $400 million through debt and equity instruments to expand its balance sheet, boost growth, and strengthen market competitiveness.
Top 10 fintech apps in Nigeria for 2025 ranked by user ratings, downloads and reviews. See Rankings Of PalmPay, OPay, and Kuda.
CBN and NIBSS launch the NRBVN platform, allowing Nigerians abroad to obtain BVNs remotely and boosting diaspora remittances
NGX Group are targeting $6 billion in foreign investments by 2025 to boost Nigeria’s economy, focusing on infrastructure, SMEs, and green finance.
UBA plans to raise ₦144.8 billion in additional capital to meet CBN’s new requirements and expand operations into France and Saudi Arabia.
Nigerian banks generated N8.41 trillion from customer loans in 2024, marking a 106% increase driven by CBN’s tight monetary policy and higher lending rates.
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