Banking News | Business News Nigeria | Businessday.ng https://businessday.ng/category/banking/ Tue, 08 Jul 2025 17:08:38 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.1 https://cdn.businessday.ng/wp-content/uploads/2024/01/cropped-BD-logo-32x32.jpeg Banking News | Business News Nigeria | Businessday.ng https://businessday.ng/category/banking/ 32 32 CBN, banks expand payment frontiers with naira card usage abroad https://businessday.ng/banking/article/cbn-banks-expand-payment-frontiers-with-naira-card-usage-abroad/ https://businessday.ng/banking/article/cbn-banks-expand-payment-frontiers-with-naira-card-usage-abroad/#respond Tue, 08 Jul 2025 17:08:38 +0000 https://businessday.ng/?p=995554

Nigerian banks last week resumed international usage of naira debit cards, setting various spending limits as foreign exchange (FX) conditions

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]]> https://businessday.ng/banking/article/cbn-banks-expand-payment-frontiers-with-naira-card-usage-abroad/feed/ 0 Court backs NIBSS’ right to manage BVN database https://businessday.ng/banking/article/court-backs-nibss-right-to-manage-bvn-database/ https://businessday.ng/banking/article/court-backs-nibss-right-to-manage-bvn-database/#respond Sun, 06 Jul 2025 22:27:02 +0000 https://businessday.ng/?p=994983

A federal high court in Abuja has ruled that the Nigeria Inter-Bank Settlement System (NIBSS) has the legal right to

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]]> https://businessday.ng/banking/article/court-backs-nibss-right-to-manage-bvn-database/feed/ 0 GTCO to raise $105 million from LSE share offering https://businessday.ng/companies/article/gtco-to-raise-105-million-from-lse-share-offering/ Fri, 04 Jul 2025 09:02:34 +0000 https://businessday.ng/?p=994118

GTCO Holdings will sell 2.29 billion newly issued shares at a reference price of N70 per share on the London

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]]> Senate commends CBN’s mid-year economic performance https://businessday.ng/banking/article/senate-commends-cbns-mid-year-economic-performance/ Wed, 02 Jul 2025 21:40:03 +0000 https://businessday.ng/?p=993585

The Senate on Wednesday gave the Central Bank of Nigeria (CBN) a nod of approval for what it described as

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]]> Exchange rate gap narrows on rising FX inflows, CBN policies https://businessday.ng/banking/article/exchange-rate-gap-narrows-on-rising-fx-inflows-cbn-policies/ Mon, 30 Jun 2025 19:37:30 +0000 https://businessday.ng/?p=992652

Rising FX inflows occasioned by the policies of the Central Bank of Nigeria (CBN) have supported exchange rate stability and

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