Federal Reserve Banks are government institutions that carry out and implement the monetary policy of the Federal Reserve and regulate the local banks. They are located in 12 different distr...
The federal government explains why they shut down illegal money lending banks. FG announced that these money lenders that didn't register under the Corporate Affairs Commission (CAC) were engr...
What could be more tragic to a family losing the head of the family, amid the coronavirus pandemic, with a fourth child on the way?On Thursday, murder charges were filed against Jamal Thomas, 43, by t...
Warren Buffett’s Berkshire announced on Friday that it had sold some it shares in some of the largest banks in the U.S., including JPMorgan Chase & Co., Wells Fargo & Co, and also exited its...
As discussed with banks and IMTOs, this scheme takes effect on Monday, 8th of March, 2021 and ends on Saturday, the 8th of March 2021. Business analysts have called out this move by the CBN as an atte...
Greenwood has taken more steps in becoming the biggest digital banking platform for Black and Latinx communities in the U.S.On Thursday, the digital bank announced that it had closed a $40 million Ser...
First Republic Bank has paid millions of dollars to family members of its founder, James Herbert, for work at the lender, including for consulting services related to interest rates and risk. Herbert,...
Digital bank and fintech firm Revolut disclosed on Thursday that it successfully raised $800 million in a funding round led by SoftBank and Tiger Global.The funding round was endorsed by Britain’s f...
Nigerian stocks have stalled due to a sell-off in bank stocks Nigerian stocks fell 0.18 percent on Friday, concluding a week ...
This was revealed in the World Bank's most recent study, "A Better Future for All Nigerians: Nigeria Poverty Assessment 2022." According to the World Bank, Nigeria's economy is now increasingly vu...