The Central Bank of Nigeria has revealed that Nigeria's external reserves have risen to their highest level since June 2022, ...

CBN would engage in “mystery shopping” exercise and periodic “spot checks” on cash distribution and disbursement activities ...

Food and petrol price hikes have pushed Nigeria’s inflation to 33.88 percent in October 2024, from 32.70 percent recorded in ...

The Coalition for Economic Liberation and Transformation (CELT) has strongly criticized the NNPCL management for prioritizing ...

Inflation rate in Nigeria has increased for the second consecutive month in October, reaching 33.88 percent, up from 32.70 ...

The suit specifically seeks a court mandate compelling the respondents to address the allegations within seven days of ...

A man caused the collapse of an entire bank after selling his employer an imaginary airport for a whopping $242,000,000.

HOUSTON, Oct. 31, 2024 /PRNewswire/ -- The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), Nigerian banks, and International Money Transfer ...

By Korede SOTUBO The emergence of Central Bank Digital Currencies (CBDCs) introduces transformative potential for international business, particularly by enhancing cross-border transaction efficiency, ...

Nigeria's largest banks poised for stock rally due to record-high interest rates and increased net interest income. Central Bank of Nigeria's policy rate surge from 18.75% to 27.25% aimed at curbing ...

Africhange believes the new IMTO licence allows it to manage inward remittances directly into Nigeria without relying on ...