The Central Bank of Nigeria (CBN) has called for immediate action to curb the practice due to the growing trend of illicit ...

Nigeria expended a total of $5.47bn on external debt servicing between January 2024 and February 2025, data from the Central Bank of Nigeria have shown. The figures, published on the apex bank’s ...

A statement about recruitment into the Bank of England (similar to that of the US Federal Reserve) describes the bank as an ...

The central bank of any country is a uniquely influential institution. Due to its mandate of maintaining monetary and ...

THE Central Bank of Nigeria’s order to bank directors with non-performing insider-related loans to step down as part of new ...

Nigeria’s foreign exchange reserves dropped by $1.31 billion in February 2025, reflecting ongoing external pressures amid a ...

First hold after six hikes last year Central bank notes stability in FX market Encouraged by rebased CPI but wants more data ABUJA, Feb 20 (Reuters) - Nigeria's central bank left its benchmark ...

The house of representatives has demanded the suspension of the increase in automated teller machines (ATMs) transaction fees ...

Banks have commenced implementation of the new Automated Teller Machine (ATM) transaction fee charge on customers following ...

The new ATM charges come at a time when Nigerians are already burdened by skyrocketing inflation, stagnant wages, and a cost-of-living crisis. For many, ...

Nigeria spent $817.4m, approximately N1.26 trillion, to service its debt in the first two months of 2025. This represents a 3.12 percent decline when compared to $843.73 million spent in the ...