One of Nigeria’s largest banks, Zenith Bank, is set to increase staff salaries in January as galloping inflation continues to ...

The NESG on Thursday projected a notable appreciation of the naira to an average exchange rate of N1,300 to the US dollar in ...

Olayemi Cardoso, governor of the Central Bank of Nigeria, will have established a new Compliance Department within the apex bank.

Banks across the country have commenced the enforcement of the Central Bank of Nigeria’s (CBN) directive to limit Point-of-Sale (PoS) withdrawals to N100,000 per day and N500,000 per week for ...

Olayemi Cardoso, has announced the creation of a new Compliance Department within the bank, which is scheduled to become operational by the end of February 2025.

African fintech company, Moniepoint has secured funding of over $10 million from Visa, bringing its Series C raise to an excess of $120 million. The digital payment company explained that the ...

The Central Bank of Nigeria has countered the World Bank's 3.7 per cent economic growth outlook for Nigeria, stating the ...

The State Commandant, Nigeria Security and Civil Defence Corps Ebonyi State Command, Francis Chika Nwadi, has pledged to partner the Central Bank of Nigeria to come against the current wave of abuse ...

The Securities and Exchange Commission (SEC) has disclosed that banks raised N2.2 trillion from the capital market in 2024 to ...

With over 30per cent of the CBN target of N200 billion already met, Wema Bank is proceeding to initiate the second tranche of capital raise come April 2025, this time, with the goal of raising N200 ...

according to the latest Central Bank of Nigeria (CBN) Economic Report. The report disclosed that inflows through the CBN surged by 39.63 percent, reaching $11.86 billion, up from $8.49 billion in Q2 ...