News

The Central Bank of Nigeria (CBN’s) decision to embark on recapitalisation of banks was to align monetary, fiscal policies ...
A Nigerian man defrauded a Brazilian bank of $242 million and sold a fake airport, one of the largest financial frauds of the ...
The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to comply with applicable Nigerian and ...
As currency outside bank hits N4.59 trn …Credit to govt rises 4% By Elizabeth Adegbesan Nigeria’s Money Supply (M²) increased ...
Nigeria recorded a balance of payments surplus of $6.83 billion in 2024, driven by the impact of reforms, a stronger trade ...
The Nigeria-China Strategic Partnership has said Nigeria would soon sign a deal on ‘Digital RMB’ with China to enable a ...
Nigeria’s central bank sold dollars to lenders to stem an erosion of the naira exchange rate, after a selloff induced by US ...
Nigeria recorded a balance of payments surplus of $6.83 billion in 2024, driven by the impact of reforms, a stronger trade ...
Nigeria's central bank has sold nearly $200 million to support the naira currency after President Donald Trump's tariffs sent ...
"In a bid to reduce cash handling challenges, the Central Bank of Nigeria (CBN) has introduced new N5,000 and N10,000 notes ...
The Central Bank of Nigeria has said that it remains committed to the growth of the Small and Medium Enterprises, (SMEs) sector which remains the engine of economic growth in the country.