Fraudsters steal N134.48bn from Nigerian Banking system in six years
Nigerian banks and their customers lost a combined N134.48bn to fraud between 2020 and 2025, according to data contained in the Central Bank of Nigeria’s (CBN)...
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CoinMENA FZE and Standard Chartered establish banking agreement in the UAE
Agreement reflects growing collaboration between regulated digital asset firms and established financial institutions in the UAE Dubai, UAE, 17 June 2026: CoinMENA...
Femi Otedola acquires N29bn shares in First HoldCo, increases stake to 20%
Femi Otedola, chairman of First HoldCo, has acquired 680 million shares in the financial institution, increasing his stake to 20.42 percent. The shares were...
RBI penalises five Co-op Banks for Compliance Violations
The Reserve Bank of India (RBI) has imposed monetary penalties on five cooperative banks across Gujarat, Maharashtra and Karnataka for various regulatory and...
The Cash Paradox: Why Banknote Values in Britain Keep Rising Despite Plummeting Transaction Use
Despite a sharp decline in cash transactions, new Bank of England data shows a record £91.5 billion in banknotes circulating-a paradox fueled by foreign demand...
Asian shares retreat in thin holiday trading after a tech-led rally on Wall St
Shares have retreated in Asia after U.S. stocks recouped most of their losses from a day earlier.
Mumbai builder sells same flat twice, couple to get Rs 1.05 crore refund after 13 years
The state consumer commission found that despite receiving the entire amount, the developers failed to register an agreement for sale as required under the...
Tax cut pulls global bond funds to India, backing rupee
Global bond funds are flowing into India post-tax cuts, enhancing rupee stability and attracting foreign investment.
Euro trims losses against British Pound despite bright UK Retail Sales data
The Euro (EUR) is trimming some losses against the British Pound (GBP) on Friday, with the EUR/GBP pair trading at 0.8670 after bouncing from session lows near...
DB Savings Bank Raises 'Dream Big' Deposit Rate to 3%
DB Savings Bank raised its Dream Big instant-access deposit rate to a maximum 3.0% for balances up to 70 million won, as Daol Savings Bank also lifted its top...
South African rand weakens as hawkish Fed boosts dollar
JOHANNESBURG: The South African rand weakened in early trade on Friday, pressured by a firmer dollar and hawkish signals from the US Federal Reserve that...