Three years on... is Nigeria’s eNaira fading into irrelevance? Across the world, central banks are racing to develop digital currencies as part of efforts to modernise financial systems, enhance ...

The naira fell to a five-month low on Friday, April 4, 2025, trading at N1,600 per dollar in the official window, leading to CBN's intervention in the FX market ...

The Central Bank of Nigeria (CBN) has refuted claims that it has introduced new N5,000 and N10,000 banknotes. A purported circular, which went viral on WhatsApp and other social media platforms, ...

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 dismissed a report claiming it had introduced N5,000 and N10,000 banknotes to facilitate cash transactions as false.

Finance company Credit Direct has launched a fully digital, end-to-end Buy Now Pay Later solution and other products, marking the company’s strategic evolution beyond lending into retail investments ...

The study found that microfinance loans in Nigeria have a negative and significant impact on the growth of small businesses, suggesting that increasing loans may hinder SME expansion. This is likely ...

(Bloomberg) -- Nigerian lenders are tapping expensive short-term commercial papers to plug temporary liquidity gaps as the ...

The Nigerian Exchange Group (NGX Group), in collaboration with the Central Bank of Nigeria (CBN) and MinieMoney, has empowered over 200 students with essential financial literacy skills.

LivingTrust Mortgage Bank Plc has secured the approval of the Central Bank of Nigeria (CBN) to appoint eight distinguished professionals to its board, signaling a strategic move to strengthen ...