Kindly share this postCentral Bank of Nigeria (CBN) spent N315.18bn on currency issue expenses in 2024, marking a sharp ...

The All Farmers Association of Nigeria (AFAN) has issued a sobering warning to the Federal Government, the Central Bank of Nigeria (CBN), and key national stakeholders, stressing that Nigeria’s ...

The Unity Bank Plc, on Monday, unveiled GenFi, a new digital banking platform, tailored to empower kids and teenagers between ...

According to the World Gold Council (WGC), central banks’ insatiable appetite for gold reached a significant milestone in ...

In a bold move to redefine the promotion of financial literacy, Nigeria’s retail lender, Unity Bank Plc, has unveiled GenFi, a new digital banking platform tailored to empower kids and teenagers ...

The Nigerian naira has rebounded slightly against the dollar after starting the month of May on a negative note following the drop in crude oil prices.

CBN Governor Olayemi Cardoso outlined the gains of the financial sector reforms on businesses and the economy, stressing that ...

Addressing the high-profile audience, Cardoso reaffirmed the CBN’s unwavering commitment to rebuilding its credibility through orthodox monetary policy, transparency, and policy consistency. “We ...

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 ...

Sources said banks were seeking out foreign and domestic investors with capacity for “material” equity stakes in order to ...

These statements are marked by a striking commitment to economic stability, showcasing the effective implementation of sound policies and strategic financial management. With notable improvements in ...

The Nigerian central bank had a 13.9 trillion naira ($9 billion) loss on the settlement of overdue derivatives contracts in ...