News

A Nigerian man defrauded a Brazilian bank of $242 million and sold a fake airport, one of the largest financial frauds of the ...
Nigeria recorded a balance of payments surplus of $6.83 billion in 2024, driven by the impact of reforms, a stronger trade ...
Central Bank of Nigeria (CBN) approved the application of Ascensia Finance Company Limited to operate as a finance company in the country.
The Central Bank of Nigeria (CBN) has reported a growth in Nigeria's net foreign exchange reserves, which hit $23,11 billion ...
Nigeria recorded a balance of payments surplus of $6.83 billion in 2024, driven by the impact of reforms, a stronger trade ...
As Nigeria moves towards becoming a $1 trillion economy, the capacity of banks to support this growth trajectory becomes essential.” ...
The World Bank has explained that the $10.50 million funding sought by the Central Bank of Nigeria was a grant and not a loan ...
The Central Bank of Nigeria has said that it remains committed to the growth of the Small and Medium Enterprises, (SMEs) sector which remains the engine of economic growth in the country.
Nigeria’s central bank sold dollars to lenders to stem an erosion of the naira exchange rate, after a selloff induced by US ...
The Central Bank of Nigeria (CBN) has firmly refuted a report circulating online that claimed the bank was introducing new N5 ...
The Nigerian and Ghanaian currencies are expected to be broadly stable in the next week to Thursday thanks to central bank ...