The Central Bank of Nigeria has revealed that Nigeria's foreign reserves are now above the $40 billion mark The increase will ...

The Central Bank of Nigeria (CBN) data on international payments shows that the Nigerian government spent $3.5 billion ...

The Nigeria Deposit Insurance Corporation of Nigeria (NDIC) disclosed that it will commence the sale of Heritage Bank's ...

“Following the revocation of Heritage Bank’s banking licence by the Central Bank of Nigeria on 3 June 2024 and its subsequent liquidation, the group wrote-off its receivable relating to the cash held ...

A Nigerian civil society organization, Global Integrity Crusade Network (GICN), has filed a lawsuit at the Federal High Court ...

Ahmad Abdullahi, a former director of banking supervision at the Central Bank of Nigeria and also a former chairman of FBN ...

“In 2023, the Central Bank of Nigeria (CBN) also removed restrictions on the use of FX for the import of 43 groups of ...

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

INEC said it already identified the difficult terrains of Ilaje and Ese-Odo, which is covered by water, and that boats have ...

Africhange, a leading cross-border remittance service provider, announced today that its Nigerian subsidiary, Currenzo, has secured the International Money Transfer Operator [IMTO] licence from the ...