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 ...

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 ...

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 ...

The Court of Appeal Lagos Division has ruled in favour of Union Bank of Nigeria Plc, overturning a Federal High Court ...

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Nigeria spent $817.4m, approximately N1.26 trillion, to service its debt in the first two months of 2025. This represents a 3.12 percent decline when compared to $843.73 million spent in the ...

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, made this disclosure during a high-level meeting with Talal Al-Humond, Assistant Governor for Monetary Affairs at the Saudi ...

The Lagos State Special Offences Court in Ikeja had ordered the forfeiture of 6.3 billion units of ordinary shares of Keystone Bank Limited, valued at N1 per share, to the Federal Government of ...

Nigeria’s central bank sold short-term debt at the lowest yield in more than a year, hardening expectations it is ready to pause aggressive interest-rate hikes when the monetary policy committee ...