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

When was the last time you walked up to an ATM, put in your card, and actually got cash? Been a while, right? Maybe months ...

Nigeria’s foreign reserves increased to $40.167 billion as of November 11, 2024, for the first time since 2022. This is ...

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

Nigeria’s import levels surged 80.65 percent in six years, rising from $31 billion in 2017 to $56 billion in 2023, according ...

The Independent National Electoral Commission (INEC) in Ondo State has distributed sensitive materials ahead of the ...

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

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

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

As the Nigerian Naira records its worst performance against the U.S. dollar in weeks, bitcoin continues to rally toward ATH ...