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

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 ...

The forum was well-attended, with a selective group of participants from the Nigerian diaspora including industry leaders, ...

Nigeria's once-powerful central bank chief has been charged with illegally owning a shotgun and hundreds of cartridges, marking a spectacular fall for a man who has long been at the centre of the ...

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

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

Nigeria, Africa’s most populous country, introduced a central bank digital currency (CBDC), the eNaira, into its financial system in late 2021, an action that paved the way for different sets of ...

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 ...

HOUSTON, Oct. 19, 2024 /PRNewswire/ -- The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), major Nigerian banking institutions ...

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 ...