Banking

The Central Bank of Nigeria (CBN) successfully raised N638.98 billion through its latest treasury bill auction held on May 22,...

In 2023, Nigeria's leading banks collectively generated N392 billion from electronic business, driven by a shift towards cashless transactions encouraged...

The Economic and Financial Crimes Commission (EFCC) has apprehended more than 200 individuals linked to foreign exchange fraud and financial...

Economists and members of the Organised Private Sector (OPS) have raised alarms over the Central Bank of Nigeria's (CBN) latest...

Foreign portfolio investment (FPI) outflows from Nigeria have surged dramatically by 237% in the first quarter of 2024 compared to...

The Central Bank of Nigeria (CBN) has announced a significant adjustment to its monetary policy following the 295th meeting of...

Nine financial institutions in Nigeria paid fines totaling N678 million in 2023 for regulatory violations, a significant decrease from the...

The Naira has experienced a further decline in the country’s unofficial foreign exchange market, falling to a new low of...

A senior official from the Association of Bureau De Change Operators of Nigeria (ABCON) has pointed to insufficient dollar allocations...

The Central Bank of Nigeria (CBN) has announced plans for a significant restructuring in its operations, aiming to transfer approximately...