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

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

Noting that the Central Bank of Nigeria (CBN) has raised interest rates to 27.25 per cent in its fifth consecutive hike this year to curb inflation and stabilise the naira, Otunuga noted that CBN’s ...

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

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, NDIC, has commenced a national auction of landed properties and physical assets ...

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

The Nigeria Deposit Insurance Corporation (NDIC) says the sale of Heritage Bank assets will begin on December 4, 2024.In a ...

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 ...

Read Also: Curbing the menace of out-of-school children The appointment has been approved by the relevant regulatory bodies, including the Central Bank of Nigeria. UBA’s Group Chairman, Tony Elumelu, ...

This is where the CBN comes in. The Central Bank of Nigeria (CBN ) has the statutory function of issuing the naira and managing the circulation of the naira. It also manages the exchange of foreign ...

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