Zenith Bank, one of Nigeria's tier-one banks, has reportedly increased its staff salaries and promoted about 4,000 of its ...
Nigeria’s FX reserves have dropped by $832.62 million in two weeks – between January 6 and January 21, hurting the country’s ...
IN SHORT: Several photos have been posted on social media with the claim that they show an attack on Nigeria's central bank. However, the images were generated using social media platform X's ...
Commercial Banks have commenced the enforcement of daily and weekly withdrawal limits of N100,000 and N500,000 ordered by the ...
The Central Bank of Nigeria (CBN) has officially approved the release of the Nigerian Foreign Exchange (FX) Code, a move ...
The Central Bank of Nigeria (CBN) has been at the forefront of bold economic reforms recently, especially in 2024, signaling a renewed commitment to stabilising the nation's economy under the ...
Economic activities in the country expanded by 51 index points in December 2024 after two consecutive months of contraction.
Under the leadership of Chairman Dr. Mohammed Nurudeen Olatunji, widely known as Dr. MO, MoreMonee has rapidly risen to ...
The fresh capital inflow has received regulatory approvals from both the Central Bank of Nigeria and the Securities Exchange Commission, it said.
Commercial banks in Nigeria appear to be losing the credit battle, as new data shows that over 95% of loans in 2024 were ...