The fresh capital raised by Nigerian banks is set to hit about N2.99tn if the second tranche of the recapitalisation ...

As banks are geared up to meet the new CBN requirements, analysts expect that a few banks may consider downgrading their ...

The Debt Management Office released data showing that Nigeria's foreign debt had reached $43 billion, giving a breakdown of ...

But not deterred by the state of the economy, the Executive, deploying its targeted fiscal policy initiatives in sync with the monetary policies of the Central Bank of Nigeria (CBN), has its eye ...

Parallex Bank, First City Monument Bank (FCMB), and Ecobank Nigeria are giving out monetary gifts to customers through ...

Governor of the Central Bank of Nigeria, Olayemi Cardoso, has issued a stern warning to commercial banks and Bureau De Change operators over compliance with its new Foreign Exchange Code.

here’s a plea to the CBN and the banks: fix this mess. The Nigerian economy cannot thrive ... buzzing with POS operators who’ve become the new lords of liquidity. Nigerians need credible ...

The Central Bank of Nigeria (CBN) also said it had launched a new naira payment solution aimed at enhancing payment turnaround time for Ministries, Departments, and Agencies (MDAs) by 70%.

The Nigerian Senate has issued a stern warning to high-ranking government officials, including Inspector-General of Police ...

FEDERAL REPUBLIC OF NIGERIA VS. ANIDIOBI OLIVER CHUWUKA," the bank explained. "At the conclusion of the trial, accused person was sentenced to eight years, imprisonment and three properties which ...

The Nigerian Communications Commission on Tuesday permitted telecommunications companies to disconnect nine Nigerian banks from the assigned Unstructured Supplementary Service Data codes usage ...