The Federal Competition and Consumer Protection Commission has issued a stern warning to banks in Nigeria regarding ongoing disruptions to online banking services that have impacted...
First Bank has announced plans to transition to a new cloud-based procurement and financial platform as part of its ongoing strategy to improve operational efficiency and...
The Central Bank of Nigeria says the N200, N500, and N1,000 banknotes will still remain valid after December 31, 2024. The spokesperson of CBN, Sidi Ali...
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has said that the apex bank does not determine the foreign exchange rate. The CBN...
The Central Bank of Nigeria (CBN) has taken steps to manage the country’s rising money supply, withdrawing N1.335 trillion from circulation. The measure, often referred to...
The Central Bank of Nigeria (CBN) on Friday said it sold 543.5 million dollars through a two-way quote at the Nigeria Foreign Exchange Market (NFEM) to...
The Central Bank of Nigeria (CBN) has expressed concerns over the country’s foreign exchange reserves, citing potential risks stemming from the removal of the petrol subsidy...
The Central Bank of Nigeria (CBN) has mandated all Payment Service Providers to route transactions from Point of Sale (PoS) terminals—both physical and electronic—through an approved...
The Federal Government of Nigeria has successfully raised over $900 million through its inaugural Domestic Federal Government of Nigeria (FGN) US Dollar Bond issuance. The Debt...
The Bank of Industry, BOI, has successfully raised €1.425 billion from the senior phase of its global loan syndication to boost financing for Nigeria’s businesses. The...