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

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

For transactions above the thresholds, all documentation as stipulated in the CBN Foreign Exchange Manual and related ...

Zenith Bank is not under pressure to raise more money after exceeding the Central Bank of Nigeria’s (CBN) N500 billion ...

The announcement was made during the recently concluded Spring Meetings of the International Monetary Fund (IMF) and World ...

The Vice President, Senator Kashim Shettima, has attributed the 75-year banking growth of the United Bank for Africa (UBA) to innovation and resilience despite economic challenges.

The World Bank has projected that Nigeria’s economy will grow by 3.6 per cent in 2025, building on an estimated expansion of ...

A Nigerian man defrauded a Brazilian bank of $242 million and sold a fake airport, one of the largest financial frauds of the ...

For the Central Bank of Nigeria under the leadership of Governor Olayemi Cardoso, this forum marked a watershed moment in the effort to reconnect with international investors, reshape perceptions ...

Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, and the minister of Finance and Coordinating minister of the Economy, Wale Edun, have declared that Nigeria has exited its most ...

The Nigeria Deposit Insurance Corporation (NDIC) says it has commenced the payment of N46.6 billion from liquidation ...