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

The Central Bank of Nigeria (CBN) reported a sharp rise in currency management costs in 2024, with expenses increasing by ...

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

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

Nigeria has significantly increased its resilience to external shocks, Central Bank of Nigeria (CBN) Governor Olayemi Cardoso ...

Analysts have attributed Nigeria’s recent slip to the fourth largest economy in Africa to the whopping devaluation of the ...

“A ‘B’ rating from Fitch is a step up, which is generally a positive sign. It means Fitch believes Nigeria’s creditworthiness ...

The Central Bank of Nigeria, CBN, has announced a significant revision of the documentation requirements for transactions ...

The Central Bank of Nigeria announced on April 28 that it was simplifying the documentation necessary to make low-value ...

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

Mobile money in Nigeria has recorded considerable success and experts say this success will be a major driving force for the ...