The Central Bank of Nigeria has revealed that Nigeria's external reserves have risen to their highest level since June 2022, ...

The apex bank expressed its reservations when the Senate Committee on Capital Markets held a public hearing on the bill in ...

Ahead of the yuletide season, customers of Nigerian banks are currently experiencing cash scarcity in the banking halls and ...

Mr Emefiele and Mr Buhari adamantly stuck to the Naira redesign policy despite the chaos, widespread disruption it caused weeks to the 2023 general elections and severe pains it inflicted on people.

Nigeria's inflation rate rose for the second straight month in October, advancing to 33.88% in annual terms from 32.70% in ...

Leading integrated payments and digital commerce companies, Interswitch, has announced a strategic partnership with the ...

A man caused the collapse of an entire bank after selling his employer an imaginary airport for a whopping $242,000,000.

By Korede SOTUBO The emergence of Central Bank Digital Currencies (CBDCs) introduces transformative potential for international business, particularly by enhancing cross-border transaction efficiency, ...

“In 2023, the Central Bank of Nigeria (CBN) also removed restrictions on the use of FX for the import of 43 groups of ...

HOUSTON, Oct. 31, 2024 /PRNewswire/ -- The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), Nigerian banks, and International Money Transfer ...

Nigeria's largest banks poised for stock rally due to record-high interest rates and increased net interest income. Central Bank of Nigeria's policy rate surge from 18.75% to 27.25% aimed at curbing ...

Jerome Powell, Chairman of the United States Federal Reserve, firmly dismissed speculation about his position as Donald Trump ...