The Central Bank of Nigeria, CBN, has reported that the country’s external reserves grew by 5.6 per cent (approximately $2.2 ...

Mr. Olayemi Cardoso, has reiterated the apex bank’s commitment to promoting long-term economic stability, financial inclusion ...

The Central Bank of Nigeria has not announced new cash denominations of 5,000 ($3.12) and 10,000 ($6.25) naira, contrary to ...

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 ...

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

Nigeria-based payment processor Paystack has been fined ₦250 million by the Central Bank of Nigeria (CBN), marking its ...

Zenith Bank shareholders have expressed frustration over the high penalties imposed on commercial banks by regulatory authorities, particularly the Central ...

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 (CBN) has posted a profit after tax of N38.8 billion for 2024 financial year, indicating a recovery from a N1.15 trillion loss in 2023.

One of the takeaways from the 2025 Spring Meetings of the World Bank and the International Monetary Fund (IMF) was the gap ...

Nigerian lender United Bank for Africa Plc plans to raise 144.8 billion naira ($90.2 million) in additional capital this year ...