Zenith Bank Plc has hit a market capitalisation of N3 trillion, making it the second most capitalised bank, after CGTOC on the Nigerian Exchange Limited.

The Central Bank of Nigeria (CBN) injected about $50 million into the forex market following the depreciation of the naira in ...

The International Monetary Fund (IMF) has praised the Central Bank of Nigeria (CBN) for maintaining a tight monetary policy stance, describing it as a crucial step in reducing inflationary ...

The money in dispute is part of the Paris Club refund. The Central Bank of Nigeria (CBN) and a private firm, Melrose General Services, on Monday, agree to settle their legal dispute at the Federal ...

Nigeria recorded a robust trade surplus of $3.73 billion in the first quarter of 2025, underscoring the growing resilience of its external sector amid persistent global volatility and the far-reaching ...

The Central Bank of Nigeria, CBN, said that the country recorded a current account surplus of $3.73 billion in the first quarter of 2025 (Q1'25) representing a marginal increase from $3.69 billion ...

CBN said the major contributors to the current account surplus were from the goods account and were mainly driven by increased non-oil and gas exports.

Jimoh said Nigeria’s instant payment system is a testament to the country’s innovative spirit and commitment to financial inclusion.

The Central Bank of Nigeria (CBN) has reported a current account surplus of $3.73 billion for the first quarter of 2025, citing growth in non-oil and gas exports as key drivers.

By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) plans to diversify the nation’s reserve base.

The report said Nigeria presented a more complex picture. It said: “While the overall fraud rate rose slightly, specific forms of fraud such as document forgery saw significant reductions, with an ...