Nigeria's central bank expects the economy to expand by 4.17% this year, Governor Olayemi Cardoso said on Thursday, driven by ...

In its craving for best practices in the financial sector, the Central Bank of Nigeria (CBN) officially launched the foreign ...

Wema Bank has seen its income from foreign exchange revaluation increase to N14.53bn at the end of 2024 from N13.60bn in 2023 ...

The World Bank and the International Monetary Fund (IMF), have called on the Central Bank of Nigeria (CBN) to remain ...

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the apex bank’s commitment to maintaining ...

Deposit Money Banks' liquidity deposits with CBN rOse by 627.17% to N9.39tn, reflecting improved financial stability in the ...

NIGERIA’S electronic payment transactions soared to N1.07 quadrillion in 2024, marking an all-time high and the first time the country’s e-payment system crossed the quadrillion threshold. This ...

High interest rate spread in Nigerian banks could potentially drag the country's economy by 20 to 30 percent, adding more ...

Group on Sunday, January 26, 2025, the Bank announced that it has secured the full regulatory approval of the Central Bank of ...

Commercial banks in Nigeria saw a notable rise in unsecured loans to households and corporations during the fourth quarter ...

The Central Bank of Nigeria (CBN) has called on deposit money banks and all market participants to embrace the principles of the Nigeria Foreign Exchange (FX) Code wholeheartedly, cautioning that any ...

Zenith Bank says it has raised N350.46 billion through rights issue and public offer to meet the Central Bank of Nigeria’s ...