News

Mr. Olayemi Cardoso, has reiterated the apex bank’s commitment to promoting long-term economic stability, financial inclusion ...
The Central Bank of Nigeria, CBN, has reported that the country’s external reserves grew by 5.6 per cent (approximately $2.2 ...
The Central Bank of Nigeria (CBN) reported a sharp rise in currency management costs in 2024, with expenses increasing by ...
The Central Bank of Nigeria (CBN) has incurred a loss of N9 billion, about N13.9 trillion, as it tries to save the Nigerian ...
Zenith Bank has led about eight other Nigerian banks as the most profitable in the first quarter of 2025, earning a whopping ...
Nigeria’s apex bank, the Central Bank of Nigeria (CBN), saw a dramatic spike in its currency management costs in 2024, spending a staggering N315.18 billion on issuing and managing cash—a more ...
The Central Bank of Nigeria has not announced new cash denominations of 5,000 ($3.12) and 10,000 ($6.25) naira, contrary to ...
Zenith Bank shareholders have expressed frustration over the high penalties imposed on commercial banks by regulatory authorities, particularly the Central ...
Nigeria-based payment processor Paystack has been fined ₦250 million by the Central Bank of Nigeria (CBN), marking its ...
The Nigerian central bank had a 13.9 trillion naira ($9 billion) loss on the settlement of overdue derivatives contracts in ...
The Central Bank of Nigeria (CBN) has raised a total of N804.85bn at its Open Market Operations auction conducted on Monday, ...
One of the takeaways from the 2025 Spring Meetings of the World Bank and the International Monetary Fund (IMF) was the gap ...