Press "Enter" to skip to content

Posts published in “Banking”

Global regulators move to strengthen money market funds

The International Organisation of Securities Commission (IOSCO), the global body of securities regulators, has published diagnostic report and thematic review aimed at strengthening the resilience…

ABCON: $35.6b foreign reserves enough to defend naira

The $35.6 billion foreign exchange reserves is enough to protect naira against attacks by currency speculators forcing the local currency to depreciate. President, Association of…

Hope PSBank delivers digital banking services to Customers

The management of Hope PSBank-a subsidiary of Unified Payment Services Limited and Nigeria’s premier digital-first bank has assured customers-unbanked, underserved and banked of its readiness…

9PSB targets six million unbanked Nigerians

A newly licensed Payment Service Bank, 9PSB, on Monday unveiled its digital banking platform and its plan to reach over six million financially-excluded persons in…

CBN retains lending rate at 11.5%

The Monetary Policy Committee of the Central Bank of Nigeria has retained the Monetary Policy Rate at 11.5 per cent. The CBN Governor, Godwin Emefiele,…