August 2, 2025

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Govt, RBI weigh options on NBFC entry into banking – Banking & Finance News

  • July 11, 2025

The government and the Reserve Bank of India are looking at the entry of new banks and merge some of the existing public sector banks to create a financial system that can encourage risk-taking ability to support the pace of growth in a country that is slated to be the third largest economy by 2027-28.

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Crypto

Nigeria’s cryptocurrency transactions hit $59bn despite ban

  • March 15, 2025

Nigeria’s cryptocurrency transactions soared to approximately $59 billion between July 2023 and June 2024, despite the Central Bank of Nigeria (CBN) prohibiting crypto trading in 2021. This was according to a report by KPMG and blockchain analytics firm Chainalysis, which highlighted the growing role of crypto in Nigeria’s financial landscape. The report revealed that Nigeria

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