Nigeria's net foreign exchange reserves stood at $23.11 billion at the end of 2024, their highest level in three years, the ...

ABUJA (Reuters) - Nigeria's central bank has sold nearly $200 million to support the naira currency after President Donald ...

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 ...

According to the reports, the CBN was set to introduce the new notes to reduce cash-handling costs and improve liquidity management. The Central Bank of Nigeria (CBN) has refuted claims that it ...

The report, which is part of Nigeria's periodic economic update from the apex bank, was released in the Q4 2024 economic report. A report by the Central Bank of Nigeria (CBN) has placed the blame ...

The top US investment banker, JP Morgan, is seeking to convert its Lagos representative office into a full-fledged merchant ...

LAGOS, April 2 (Reuters) - The World Bank said on Wednesday it had approved a total of $1.08 billion in concessional financing for Nigeria to enhance education quality, build household and ...

In a significant development for Africa's energy sector, Nigeria, Angola and Ghana have fulfilled their capital commitments toward establishing the Africa Energy Bank (AEB), a critical financial ...

Olatunji began leading a financial institution at the age of 30 and, by 35, made history as the youngest person to become both Chairman and CEO of a bank in Nigeria. His company, Moremonee ...

World Bank County Director to Nigeria, Ndiame Diop says investing about $10-15m annually into the Nigeria’s statistical system, can raise the performance to that of its aspirational peers.

Leading financial institution, Fidelity Bank Plc, released its 2024 full-year Audited Financial Statements, reporting a 210% growth in Profit Before Tax (PBT) to N385.2 billion. According to the ...

The fear that inflation inn the country might be worsened if the report that the Central Bank of Nigeria (CBN) wanted to ...