Banking

In the final quarter of 2023, Nigeria witnessed a surge in capital importation, with the banking sector emerging as a...

The Central Bank of Nigeria's efforts to mop up liquidity have led to a significant increase in borrowing by deposit...

The official exchange rate of the Nigerian naira against the US dollar took a hit, ending its three-day winning streak...

Ghana’s Central Bank, in its latest move to regulate the foreign exchange market, has suspended the foreign exchange licenses of...

The exchange rate between the Nigerian naira and the US dollar has continued its upward trajectory for the third consecutive...

The Nigeria Deposit Insurance Corporation (NDIC) has announced the reimbursement of depositors from 179 liquidated microfinance and four mortgage banks...

Amidst concerted efforts to stabilize the naira-dollar exchange rate, the Central Bank of Nigeria (CBN) has injected over $300 million...

The Association of Bureau De Change of Nigeria (ABCON) has responded to the recent directive issued by the Central Bank...

Today marks the commencement of the 293rd Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN), with...

Naira experienced a slight appreciation against the United States dollar at the Nigerian Autonomous Foreign Exchange Market, closing at N1,498.25/$...