The Central Bank of Nigeria has announced that it is ready to commence repayment of all forex backlogs. The apex bank also ...

Olayemi Cardoso, has announced the completion of forensic verification to clear all pending foreign exchange backlogs, with payments set to commence soon.Speaking at the launch of the Foreign Exchange ...

Steering this to an unlikely area, one which there is the tendency many of our political leaders would love not to mention ...

Nigeria has renewed its bilateral currency swap agreement with China, six years after the deal was initially struck between both countries.

Nigeria’s leading commercial bank, Sterling Bank Limited, has petitioned the Inspector General of Police (IGP) to address a ...

The Central Bank of Nigeria (CBN) on Tuesday in Abuja launched the Nigeria Foreign Exchange (FX) Code, designed ...

The Purchasing Managers’ Index (PMI) for Nigeria rebounded in December 2024, led by services, agriculture, indicating a return to economic expansion after two consecutive months of contraction.A ...

Nigeria's central bank expects the economy to expand by 4.17% this year, Governor Olayemi Cardoso said on Thursday, driven by ...

Instead, he pointed to a POS operator stationed nearby, ready to facilitate the transaction for a fee. For a ₦16,000 transfer, the POS charge was ₦400 – a shocking leap from the ₦65 banks would ...

The projected bullish trend in 2025 comes as investors position themselves ahead of 2024 fiscal year results and dividend declarations, particularly in the banking sector.

Zenith Bank Plc has raised a total of N350.4 billion through its recently concluded hybrid Rights Issue and Public Offer. In ...

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