Nigeria’s foreign reserves increased to $40.167 billion as of November 11, 2024, for the first time since 2022. This is ...

Lotus Bank, a non-interest Nigerian bank has announced that it has met the new minimum capital requirements set by the ...

With the Central Bank of Nigeria (CBN), the Bank of Industry (BOI), and the Development Bank of Nigeria (DBN) commitment to ...

Nigeria's foreign reserves rose to $40.08 billion on November 7, 2024, reaching their highest level in nearly two years, according to data by the Central Bank of Nigeria (CBN). This milestone marks a ...

The Nigeria Deposit Insurance Corporation of Nigeria (NDIC) disclosed that it will commence the sale of Heritage Bank's ...

Nigeria’s fiscal deficit continues to swell, with recent figures showing a budget deficit of 7.6% of GDP as of August ...

A man caused the collapse of an entire bank after selling his employer an imaginary airport for a whopping $242,000,000.

As the Nigerian Naira records its worst performance against the U.S. dollar in weeks, bitcoin continues to rally toward ATH ...

The forum was well-attended, with a selective group of participants from the Nigerian diaspora including industry leaders, ...

The emergence of Central Bank Digital Currencies (CBDCs) introduces transformative potential for international business, particularly by enhancing cross-border transaction efficiency, reducing costs, ...

HOUSTON, Oct. 31, 2024 /PRNewswire/ -- The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), Nigerian banks, and International Money Transfer ...