In a continued effort to stabilize the naira, the Central Bank of Nigeria (CBN) has sold $30 million in foreign exchange to authorized ...

To strengthen the security and welfare of workers in Nigeria’s informal sector, the Nigeria Social Insurance Trust Fund (NSITF) has initiated steps to ...

MTN Nigeria’s fintech subsidiary, MoMo Payment Service Bank (MoMo PSB), has launched cross-border remittance services, enabling customers in Nigeria to send money easily ...

With liquidity stabilizing in Nigeria’s financial system, money market rates saw further declines as banks’ borrowing from the Central Bank of Nigeria’s (CBN) ...

Nigeria’s Eurobonds are witnessing renewed interest from foreign investors as global central banks, particularly in emerging markets, begin to cut interest rates. With ...

The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, stated that the bank is prepared to use “all tools at our disposal” to ...

According to Moody’s Ratings, Nigerian deposit money banks are holding undisclosed levels of legacy exposures following regulatory forbearance provided by the Central Bank ...

The Central Bank of Nigeria (CBN) Governor, Mr. Olayemi Cardoso, announced that starting in 2025, the CBN will regularly disclose information on the ...

The Federal Competition and Consumer Protection Commission (FCCPC) has raised concerns over recent disruptions in banking services that have left customers unable to ...

PalmPay, an Africa-focused fintech firm, is calling on fintech founders across the continent to strengthen investor confidence to attract increased foreign direct investment ...