CBN directed participants in the foreign exchange market to submit compliance reports on adherence to the Nigeria FX Code by ...

The Code draws on the principles from the Global FX Code and best practices adopted in leading jurisdictions The Central Bank ...

NIMc reports that enrollment for the GMPC is already ongoing with the biometrics of more than 115 million Nigerian captured.

Over the past few months, mobile network operators (MNOs) have raised concerns over the effect of the unpaid N250bn USSD ...

About seven banks, mostly tier-1 entities, have raised about N1.3 trillion in pursuit of the Central Bank of Nigeria (CBN) ...

ShareThe Nigeria Deposit Insurance Corporation (NDIC) has called for the inclusion of deposit insurance module in the ...

Nigeria’s external reserves dropped to $39.991 billion on 23 January, 2025 from $40.035 billion on 20 January, the same year. This was contained in Central Bank of Nigeria’s data on external reserves ...

Zenith Bank Plc has raised a total of N350.4 billion through its recently concluded hybrid Rights Issue and Public Offer.

Union Bank has commenced the implementation of a daily withdrawal limit on point-of-sale (PoS) terminals. The implementation ...

Over 200 former CBN staff claim the rationalization exercise was discriminatory, causing loss of critical expertise in key ...

This was revealed by Senior Economist for Nigeria, WB, Sameer Matta, at launch of 2025 Macroeconomic Outlook of the Nigerian ...

ShareAfter two consecutive months of contraction, the country’s Purchasing Managers’ Index (PMI) rose to 51.0 index points in ...