News

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 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 ...
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 has dismissed bankruptcy claims making the rounds on social media about a Nigerian bank, Fidelity.
The Central Bank of Nigeria has not announced new cash denominations of 5,000 ($3.12) and 10,000 ($6.25) naira, contrary to widely viewed Facebook posts sharing a fake statement posing as one from ...
In a move to woo global capital and enhance investor’s confidence, Nigeria’s top financial leaders presented a unified front at a strategic investment forum hosted at the Nasdaq MarketSite in ...
Nigeria recorded a balance of payments surplus of $6.83 billion in 2024, driven by the impact of reforms, a stronger trade performance and renewed investor confidence in the economy, the Central ...
The Central Bank of Nigeria (CBN) has debunked reports that it has introduced ₦5,000 and ₦10,000 banknotes, dismissing a widely circulated document as false.
The Central Bank of Nigeria (CBN) has reported a substantial improvement in its net foreign exchange reserve (NFER) position as of the end of 2024, reflecting a substantial improvement in the ...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has called on Nigerians to take ownership of the revitalised National Arts Theatre as a vital repository of the nation’s ...
Former Governor, Central Bank of Nigeria, CBN, Sanusi Lamido Sanusi noted that the immediate past administration of President Muhammadu Buhari badly managed the economy.