An independent central bank is "fundamental" to good economic outcomes, a senior Federal Reserve official said Thursday, amid ...

A Nigerian civil society organization, Global Integrity Crusade Network (GICN), has filed a lawsuit at the Federal High Court ...

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

A man caused the collapse of an entire bank after selling his employer an imaginary airport for a whopping $242,000,000.

“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 forum was well-attended, with a selective group of participants from the Nigerian diaspora including industry leaders, ...

Nigeria’s biggest bank is considering selling dollar-denominated securities in the domestic market to fund its expansion ...

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

Jerome Powell, Chairman of the United States Federal Reserve, firmly dismissed speculation about his position as Donald Trump ...

The Central Bank of Nigeria (CBN) has dismissed reports suggesting that the old series of the N200, N500, and N1,000 banknotes will cease to be legal tender by the end of this year. This is ...

HOUSTON, Oct. 19, 2024 /PRNewswire/ -- The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), major Nigerian banking institutions, and ...

HOUSTON, Oct. 31, 2024 /PRNewswire/ -- The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), Nigerian banks, and International Money Transfer ...