President Barack Obama on Saturday called on the U.S. Congress to back his efforts for tough new financial industry oversight, saying a $2 billion trading loss at JPMorgan underscored the need for such regulation. “We’ve got to finish the job of implementing this reform and putting these rules in place,” […]

World leaders backed keeping Greece in the euro zone on Saturday and vowed to take all steps necessary to combat financial turmoil while revitalizing their economies, which are increasingly threatened by Europe’s debt crisis. In a bold statement of support for Europe, the Group of Eight leaders of the world’s […]

Due to the growing influence of the cash-less policy, inter-bank fund transfers, instant payments and cheque transactions in the Nigeria Inter Bank Settlement Payment System Plc are now worth N2.1tn monthly. The Central Bank of Nigeria, in a document made available to our correspondent on Thursday, confirmed that the NIBSS […]