In an effort to minimize the chance of delays when processing Peer-to-Peer (P2P) transactions, Binance, the world's largest cryptocurrency, recently said that it had integrated 12 Nigeri...
On Wednesday, Credit Suisse posted a huge second-quarter loss as its earnings were severely impacted by the results of its investment bank and growing litigation provisions. The bank also an...
At the 7th Annual Edition of the Zenith Bank International Trade Seminar with the theme "Unlocking Opportunities in Nigeria's Non-Oil Export Business," held on Wednesday, stakeholders unanimously...
Godwin Emfiele, the governor of the central bank, said that the eNaira currency impacts commercial banks, especially when customers transfer funds to their eNaira wallets from their bank accounts....
The largest cryptocurrency exchange in the world, Binance, was fined 3.3 million euros ($3.4 million) by the Dutch central bank on Monday for operating illegally in the Netherlands. Following a w...
In a statement, Airlift, the second-largest startup in Pakistan, announced its closing and cited the global financial crisis and the weakening of the capital markets as reasons. In Pakistan, wher...
One of the world's most well-known cryptocurrency hedge funds, Three Arrows Capital managed has shocked many investors and speculators after filing for bankruptcy. It had around $10 bill...
As the economic rebound gives way to a potential recession, big U.S. banks' second quarter profits are anticipated to decline dramatically from a year earlier on increasing loan loss reserves. ...
Kenya's Asset Recovery Agency (ARA) received a court order to freeze 56 bank accounts on Wednesday. These accounts were used by 7 firms to launder Ksh7 billion ($59.2 million). The businesses inc...
The Central Bank of Nigeria (CBN) of Nigeria has released guidelines for enhanced cyber security in the Nigerian financial industry, particularly among the Other Financial Institutions (OFIs). ...