The World Bank Group has said that the Central Bank of Nigeria must stay the course in its attempt to tackle inflation.

The Court of Appeal in Abuja has rejected an application to suspend a standing judgment that required the Central Bank of ...

Banks have reportedly borrowed N8.2trn from the CBN in January 2025 to tackle liquidity challenges and boost lending to the ...

According to the Fraud and Forgeries Report in Nigerian Banks for the first quarter of 2024 by FITC, POS fraud cases surged by 31.12 per cent in Q1 2024. In Q4 2023, there were 2,683 reported cases of ...

The Central Bank of Nigeria (CBN) on Friday failed to convince the Court of Appeal in Abuja to dismiss a case seeking judicial review of records of total demonetized coins between 2017 and 2020. The ...

Banks are beginning to reduce their interest rates on foreign exchange (FX) deposits as dollar supply improves. Olusegun ...

Experts and critical stakeholders in the nation’s economy have hailed the Central Bank of Nigeria (CBN) over the reported fine of nine commercial banks for failing to feed their Automated Teller ...

The Purchasing Managers’ Index (PMI) for Nigeria rebounded in December 2024, indicating a return to economic expansion after ...

Businesses anticipate Naira appreciation, projecting a 29% rise by mid-2025, driven by CBN forex reforms and market confidence.

On appeal, CBN argued that the appellant had breached procedural deadlines by filing its brief outside the 45-day limit ...

The managing director/CEO of Arthur Stevens Asset Management Limited, Olatunde Amolegbe, has projected that a stable foreign exchange market and falling ...

As inflation rates soar worldwide, Nigerians living abroad are finding themselves at the crossroads of financial survival.