Banking

The Central Bank of Nigeria has sanctioned three Nigerian commercial banks namely; Access, UBA and Stanbic IBTC for failing to...

The Central Bank of Nigeria (CBN) through its Financial Services Regulation Coordinating has advised Nigerians to stop dealing with unlicensed...

Nigeria recorded foreign trade of N39.8 trillion in 2021, representing a 58% surge compared to N25.22 trillion recorded in 2020....

Nigeria’s inflation rate changed direction in February as it rose 15.7% from 15.6% recorded in the previous month. This is...

The Central Bank of Nigeria in furtherance of its obligation to promote an efficient financial system in Nigeria has collaborated...

At the tail end of last year, the CBN successfully implemented the third set of Basel Accord requirements, known as...

The Central bank of Nigeria’s new policy of the e-valuation and e-invoice has led to disaster at the Nigeria ports, which may...

Banks credit to private sector hit its highest level in December 2021, reaching N35.73 trillion from N30.15 trillion recorded as...

Months after the  sale of Fx to BDC ban, the Central Bank of Nigeria stated  that it would discontinue the...

The Central Bank of Nigeria (CBN) has announced that interest rates on its various intervention facilities had been extended till...