ABUJA, Dec. 16 (Xinhua) -- The Central Bank of Nigeria (CBN) has said it would begin to checkmate and penalize deposit money banks and other financial institutions caught illegally disbursing funds to ...
Nigeria's inflation rate for the month of November 2024 rose to 34.60 percent from 33.88 percent in October, indicating ...
Stanbic IBTC is topping the list of preferred banks for capital importation into Nigeria for the first 9 months of ...
Roughly 93% of total currency in circulation — or 4 trillion naira ($2.6 billion) — sits outside of banks as of September.
Nigeria's inflation figure for November is expected to be released by the National Bureau of Statistics between Sunday and ...
MTN reportedly plans to acquire a license to launch another bank after successfully operating MoMo Payment Service Bank (PSB) ...
Counsel to the first defendant, Anthony Ejere, however, prayed the court to allow his client, who had been convicted over ...
Abuja, Nigeria – The Central Bank of Nigeria has announced it will adopt Bloomberg’s BMatch solution for interbank trading in the local foreign exchange markets. Bloomberg’s Foreign Exchange ...
Nigeria is at a pivotal moment in its history, grappling with systemic issues that have been brewing for decades. Among these ...
Opinion - Nyesom Wike and his judicial allies may be pushing Nigeria towards the frightening nihilism that Friedrich Nietzsche warned us about.