Banking

Nigeria’s foreign exchange (FX) reserves surged by $591.78 million in the month following the government’s $2.2 billion Eurobond auction on...

Guaranty Trust Holding Company Plc (GTCO) has received approvals from the Central Bank of Nigeria (CBN) and the Securities and...

A coalition of major financial institutions and business organizations has filed a lawsuit against the Federal Reserve, challenging the annual...

Nigeria's Broad Money Supply (M2) surged by 51% year-on-year (YoY) to reach ₦108.96 trillion in November 2024, driven by increasing...

The Federal Government's (FG) deficit spending rose sharply by 28% year-on-year (YoY) to N12.1 trillion in the first ten months...

The African Development Bank (AfDB) has disclosed that African nations will need $74 billion to service their debt obligations in...

PalmPay, a leading Nigerian fintech platform, has announced a new collaboration with Jumia, the popular e-commerce giant. This partnership enables...

The Nigerian Foreign Exchange Market (NAFEM) recorded a significant increase in dollar trade volume, with turnover rising by 61.9% year-on-year...

In a move to ease cash availability, Deposit Money Banks in the Federal Capital Territory have raised their maximum over-the-counter...

The Central Bank of Nigeria (CBN) has announced plans to penalize commercial banks that fail to provide cash to customers...