In a move to prevent situations similar to the Oba Otudeko and FBN Holdings incident, the Central Bank of Nigeria (CBN) has implemented ...

The Central Bank of Nigeria (CBN) has successfully disbursed $61.64 million to foreign airlines through deposit money banks, as announced by Hakama Sidi-Ali, ...

An increasing number of Nigerian Deposit Money Banks (DMBs) are initiating the process to cease accepting loan applications under the Central Bank (CBN) ...

The United Bank for Africa (UBA) Plc has achieved a significant milestone by joining the elite group on the Nigerian Exchange (NGX), as ...

The Nigerian local currency has experienced a surge in the foreign exchange market at the beginning of this week, driven by the announcement ...

A collaboration of Nigerian financial institutions, fintech companies, and blockchain experts known as the Africa Stablecoin Consortium has announced the upcoming launch of ...

The Central Bank of Nigeria (CBN) has issued new guidelines on the regulation of bank accounts for Virtual Assets Service Providers (VASPs), commonly ...

Throughout 2023, commercial and merchant banks in Nigeria experienced a notable surge in their dependence on liquidity provided by the Central Bank of ...

The Nigerian startup ecosystem faced a rollercoaster of challenges and successes in 2023, with funding becoming a critical factor influencing their trajectory. Investors, ...

The Economic and Financial Crimes Commission (EFCC) has taken action in an ongoing investigation, freezing N30 billion of the N44 billion traced from ...