The Central Bank of Nigeria (CBN) has called for immediate action to curb the practice due to the growing trend of illicit ...

Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso, and Nigeria’s National Security Adviser, Nuhu Ribadu, have ...

The amount dropped by $435.51m from $1.31bn total letter of credit payments made via official channels in 2023 to $873.1m in ...

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

This surge represents a sharp contrast to Thursday’s close of N1,547.82 per Dollar, signaling renewed optimism among traders ...

The Central Bank of Nigeria (CBN) made adjustments to the foreign exchange rates for cargo clearance at Nigeria's ports, ...

CBN, in a strategic move to strengthen its operations and regulatory oversight, recently appointed 16 new directors to fill diverse ...

By Okanga Agila In the not-so-distant past, Nigeria’s economy was a fragile patient, clinging to life support. The symptoms ...

Atiku Bagudu, minister of budget and economic planning, says the Central Bank of Nigeria (CBN) will not exceed the 5 percent ...

In significant development in Nigeria’s financial technology sector, leading fintech companies Carbon and PalmPay have ...

The Central Bank of Nigeria, CBN, disclosed this today in its Purchasing Managers Index , PMI, Report for February 2025.

The lawmakers noted that additional ATM withdrawal charges would further limit the financial inclusion of Nigerians by ...