To date, retail CBDCs have failed to address real consumer needs or pain points meaningfully and currently offer no clear ...

Higher US tariffs under President Donald Trump could accelerate a slump in the value of China's currency, complicating recent efforts by Beijing to kickstart a rebound in its struggling economy, ...

Group on Sunday, January 26, 2025, the Bank announced that it has secured the full regulatory approval of the Central Bank of ...

Bank of America (BofA) revised its forecast for the Mexican Central Bank, Banco de México (Banxico), predicting an acceleration in the pace of interest rate cuts. This adjustment comes as headline ...

About seven banks, mostly tier-1 entities, have raised about N1.3 trillion in pursuit of the Central Bank of Nigeria (CBN) ...

Zenith Bank Plc has raised a total of N350.4 billion through its recently concluded hybrid Rights Issue and Public Offer. In ...

The hybrid offer comprises of a rights issue of 5,232,748,964 ordinary shares of 50k each at N36.00 per share and public ...

Despite the over 30 per cent depreciation of the naira, Nigerians increased spending on foreign education and health services by 26 per cent, to $2.3 billion in the first nine months of 2024.

The liquidity surge was largely driven by repayments of N521 billion, offsetting paper sales totaling N756 billion ...

Here are the seven top business stories you need to track this week — January 27 to January 31 TINUBU TO FLAG OFF ...

At the heart of FirstGem lies a suite of financial offerings carefully curated to address the specific challenges faced by Nigerian businesswomen. Gone are the rigid requirements and one-size-fits-all ...

The Financial Reporting Council (FRC) has explained that Nigeria has not attained the point of a hyperinflationary economy. The Council, in a press statement signed by its Executive Secretary/Chief ...