Nigerian banks have so far raised N2.4 trillion through the capital market in the ongoing recapitalisation of the banking sector directed by...
Nigeria has approached the World Bank for a fresh $10.50m loan to enhance the Central Bank of Nigeria’s technical capacity and modernise...
The World Bank has approved three funding operations for Nigeria, totaling $1.08 billion in concessional financing. These initiatives aim to improve quality...
The Central Bank of Nigeria declared as fake a report that it had introduced new N5,000 and N10,000 banknotes. In a post...
The House of Representatives has stated that the Financial Reporting Council Act, 2023 remains operational until amended by the National Assembly. The...
Nigeria’s money supply recorded its first decline in 2025, falling to N110.32tn in February from N110.94tn in January, data from the Central...
The Governor, Central Bank of Nigeria (CBN), Olayemi Cardoso, has emphasised the bank’s commitment to intensified surveillance of the foreign exchange (FX)...
The digital payments economy in Nigeria and other African countries is projected to hit $1.5tn by the end of this decade, driven...
The Federal Government has approved the establishment of the Lagos International Financial Centre (IFC) as part of efforts to position Nigeria as...
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, says the apex bank remains resolute in its commitment to maintaining order...