Blockchains are still synonymous with the wild world of cryptocurrencies, but on Monday, 30 banks and SWIFT – the world’s most important cross-border payment service – made them an utterly mainstream ...

The ongoing recapitalisation of banks and the recently elapsed capital deadline for Bureaux De Change (BDCs) underscore the Central Bank of Nigeria’s (CBN) determination to build a strong and ...

Nigeria will use its leadership of the Intergovernmental Group of Twenty-Four, otherwise known as G-24, to champion comprehensive reform of the global financial system to be fairer, responsive and ...

Basel III aims to stabilize global banking, reduce risk, and impact financial markets, ensuring a more resilient economic ...

The Bank for International Settlements (BIS) unveiled a new vision for the future of the global monetary and financial system, centered on a tokenized unified ledger. This innovative framework aims to ...

The Bank for International Settlements, the umbrella organisation of the world’s central banks, is warning that the rise in government debt and changes in the way it is being financed are creating ...

Stretched asset valuations and pressures in core sovereign bond markets are keeping financial stability risks elevated amid heightened economic uncertainty. These vulnerabilities could be amplified by ...

Bishop Matthew Kukah of Sokoto, Nigeria, with priests. (Credit: Vatican Media.) Listen YAOUNDÉ, Cameroon – Nigerian Bishop Mathew Hassan Kukah of Sokoto says the global financial system is outdated ...

Global financial stability risks have increased due to tightening conditions, trade uncertainty, and vulnerabilities in capital markets, institutions, and sovereign debt. Global financial stability ...