The Central Bank of Nigeria (CBN), says it has disbursed 61.64 million dollars to foreign airlines through various Deposit Money Banks (DMBs). According to a...
The Federal Government on Friday received a $2.25b foreign exchange support facility from the African Import-Export Bank. The Minister of Finance, Wale Edun, confirmed this to Arise...
Nigeria’s naira depreciated to a low of N1,043.09 to the dollar at the official foreign exchange market on Thursday. This is compared to N872.59 /$ on...
The Central Bank Of Nigeria, CBN has assured depositors and customers of Nigerian banks of the safety of their funds in the banks. The Acting Director,...
Chief Executive Officer of the Federal Competition and Consumer Protection Commission (FCCPC), Dr Babatunde Irukera, has warned that his Commission might be compelled in the New...
Nigeria, alongside other developing countries spent $443.5 billion to service public debt amid surge in interest rate, according to the World Bank. The multilateral lender revealed...
The Office of the Special Investigator probing the Central Bank of Nigeria (CBN) has summoned the Chairman of Titan Trust Bank (TTB), Mr. Tunde Lemo, and...
The Central Bank of Nigeria has changed its stance on crypto assets in the country and asked banks to disregard its earlier ban on crypto transactions....
The Nigeria Deposit Insurance Corporation (NDIC) said that it has paid an insured sum of over N1.7 billion to customers, following the revocation of licences of...
The Central Bank of Nigeria has suspended the processing fees on large cash deposits, a release by the Acting Director of Supervision, Dr Adetona Adedeji, on...