The World Bank may approve a total of $1.13bn in loans for Nigeria before the end of March 2025 as part of ongoing efforts to support the country’s economic resilience, health security, and education ...

A statement about recruitment into the Bank of England (similar to that of the US Federal Reserve) describes the bank as an ...

Despite an improved supply of foreign exchange, Nigeria’s fulfilment of Letter of Credit payments plummeted by 33.28 per cent in the 12 months of 2024 compared to the same period in the previous year.

This was according to a report by KPMG and blockchain analytics firm Chainalysis, which highlighted the growing role of ...

THE Central Bank of Nigeria’s order to bank directors with non-performing insider-related loans to step down as part of new ...

Nigeria’s foreign exchange reserves dropped by $1.31 billion in February 2025, reflecting ongoing external pressures amid a ...

The house of representatives has demanded the suspension of the increase in automated teller machines (ATMs) transaction fees ...

Olayemi Cardoso, the CBN governor, said the apex bank is now more than ever, consolidating market gains and ensuring sustained ...

The Central Bank of Nigeria sold 704 billion naira ($467 million) of one-year bills at a yield of 18.43%, the lowest since an auction on Jan. 24, 2024, with investors offering to buy 3.26 times ...

Banks have commenced implementation of the new Automated Teller Machine (ATM) transaction fee charge on customers following ...

The new ATM charges come at a time when Nigerians are already burdened by skyrocketing inflation, stagnant wages, and a cost-of-living crisis. For many, ...