The Central Bank of Nigeria (CBN) has unveiled new regulations restricting Bureau de Change (BDC) operators to sourcing a maximum of $25,000 in foreign exchange per week from a single authorised ...

Former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has asked the Federal Capital Territory (FCT) High Court in Abuja to stop the Economic and Financial Crimes Commission (EFCC ...

DAILY POST reports that Atingi-Ego previously worked for the central bank in a senior position, then left and returned in 2020 as deputy governor. The new apex bank governor has been the acting ...

Nigeria’s external reserves declined significantly by about $1.19 billion in the last three weeks plus. This is according to the Central Bank of Nigeria, CBN, gross external reserves data.

Union Bank of Nigeria PLC is a Nigeria-based bank that is engaged in the provision of personal and business banking services and products. The Bank's activities are structured into five business ...

Founded in 2020, Vista Bank has built its reputation on providing innovative digital banking services that enhance financial inclusion and access across Nigeria and West Africa. By entering the French ...

The Central Bank of Nigeria (CBN) has once again demonstrated its resolve to uphold stability and discipline in the banking sector with its recent imposition of sanctions on nine Deposit Money ...

The Central Bank of Nigeria has revealed that 95.66 per cent of bank debtors borrowed from microfinance banks as of September 2024. This dominance highlights the critical role of MFBs in the ...

The Debt Management Office, on behalf of the Central Bank of Nigeria, offered N530bn in standard maturities to investors in the primary market. The breakdown included N50bn for 91-day bills ...

ABUJA, Feb 5 (Reuters) - Nigeria's President Bola Tinubu has increased the size of the 2025 budget to 54.2 trillion naira ($36.4 billion) from 49 trillion naira, he said in a letter to the Senate ...

At least 86 people were killed in central Nigeria on Saturday when a fuel tanker that had overturned burst into flames, burning those who had rushed to collect the gasoline.

Nigeria's emergency agency said the death toll from a weekend gasoline tanker explosion in north central Niger state has risen to 98. Explosions that kill dozens who converge on crashed tanker ...