Nigeria’s recent decision by the Central Bank’s Monetary Policy Committee (MPC) to raise the benchmark interest rate has thrust currency…
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TAJBank Limited, one of Nigeria’s leading non-interest financial institutions, has confirmed that it has successfully met the new capital requirement…
The Central Bank of Nigeria (CBN) has raised fresh concerns over the growing abuse of the naira, warning that the…
The Central Bank of Nigeria (CBN) has announced a reduction in interest rates, a move it says is intended to…
The Central Bank of Nigeria (CBN) has announced a reduction in its benchmark interest rate, lowering the Monetary Policy Rate…
Nigeria’s foreign exchange reserves have surged to $42 billion, marking their highest level in six years, a development that analysts…
Nigeria’s economy may be on the brink of a monetary policy shift as the country records another decline in inflation,…
The Centre for the Promotion of Private Enterprise (CPPE) has urged the Central Bank of Nigeria (CBN) to ease its…
Nigeria’s economy is beginning to feel the early impact of the Central Bank of Nigeria’s (CBN) sweeping reforms, as recent…
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has issued a stern warning to Nigerians over the…
The Central Bank of Nigeria (CBN) has reiterated its determination to safeguard economic stability and strengthen the financial sector, with…
The Central Bank of Nigeria (CBN) has issued a new directive requiring Domestic Systemically Important Banks (DSIBs) to formally plan…
Nigeria’s recent monetary tightening has significantly boosted banks’ interest income, with lenders collectively earning about ₦15.4 trillion, according to a…
United Bank for Africa (UBA) has announced an extension of the deadline for its ongoing rights issue, giving shareholders additional…
The Central Bank of Nigeria (CBN) has directed that all Point of Sale (PoS) terminals across the country be geo-tagged…
Nigeria’s foreign exchange reserves have recorded a significant boost, gaining about $900 million within a three-day period, marking one of…
The Central Bank of Nigeria (CBN) has issued a directive to all financial institutions in the country, mandating them to…
The Central Bank of Nigeria (CBN) has intensified its efforts to protect bank customers and ensure fair treatment in the…
Nigeria’s foreign reserves have reached a level that could finance up to 10 months of the nation’s import bill, according…
Nigeria’s banking sector has emerged as the top destination for capital inflows into the country, attracting more than half of…