Banking & Finance

Terrorism financing: IGP establishes anti-money laundering units

Business Affairs January 15, 2025 0

…As police makes landmark arrests in Kano, Nasarawa Omeiza Bilal The Inspector-General of Police, IGP Kayode Adeolu Egbetokun, has established...

N120bn Debt: Banking transactions in danger as NCC approves USSD disconnection

Business Affairs January 15, 2025 0

The Nigerian Communications Commission (NCC) has approved the disconnection of Unstructured Supplementary Service Data (USSD) codes of nine commercial banks...

Equity market sheds N911bn

Business Affairs January 15, 2025 0

Bearish sentiments dominated the nation's stock market on Wednesday as investors incurred a loss of N911 billion, as loss in...

CBN sanctions Fidelity, Union, 7 other banks for failing to dispense cash via ATMs

Business Affairs January 15, 2025 0

Omeiza Bilal The Central Bank of Nigeria (CBN) has sanctioned nine Deposit Money Banks (DMBs) for failing to make the...

Afreximbank, Ecobank partner to simplify trade compliance for African businesses

Business Affairs December 20, 2024 0

Benjamin Orisemeke African Export-Import Bank (Afreximbank) and Ecobank Group have embarked on a collaboration aimed at simplifying trade and compliance...

AfDB Group approves €139m loan to boost youth employment in Côte d’Ivoire

Business Affairs December 19, 2024 0

Benjamin Orisemeke The African Development Bank Group has approved loans totaling €139.68 million to support youth employment and entrepreneurship in...

PAFO, AfDB strengthen partnership to support small-scale farmers

Business Affairs December 18, 2024 0

The Pan African Farmers' Organization (PAFO) and the African Development Bank are strengthening their collaboration to enhance support for small-scale...