A liquidity crisis might be brewing as data shows that banks borrowing from CBN has grown almost five times within one week, as deposits crash within the period.

March 1Nigerians will soon pay higher charges for withdrawals at commercial banks’ Automated Teller Machine (ATM) as the Central Bank of Nigeria (CBN) has reviewed transaction fees, citing rising ...

CBN has eliminated the three free monthly withdrawals previously granted to customers using other banks’ automated teller machines ...

The federal government said it has approved the sum of $1.70 billion to improve governance and healthcare delivery for Nigerians under the Human Capital Opportunities for Prosperity and Equity - ...

Nigeria's foreign exchange reserves have declined by $1.19 billion as the Central Bank of Nigeria (CBN) battles to stabilise ...

Keystone Bank has confirmed that it is now fully owned by the Federal Government of Nigeria, stating that the takeover will ...

At the last meeting in September, the monetary authorities extended the bench- mark rate to 27.25%, a new record ...

Nigeria is set to witness the launch of its first-ever licensed stablecoin cNGN. According to reports, the stablecoins will ...

Former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has asked the Federal Capital Territory (FCT) High Court in ...

Nigeria is set to welcome its first fully compliant stablecoin, cNGN, licensed by the CBN and the SEC. Stablecoins are ...

Leading financial institution, Fidelity Bank Plc, has announced the successful conclusion of the first tranche of its equity ...

Fidelity Bank Plc says it has successfully concluded the first phase of its equity capital raise, securing a 238 percent ...