A Nigerian civil society organization, Global Integrity Crusade Network (GICN), has filed a lawsuit at the Federal High Court ...

An independent central bank is "fundamental" to good economic outcomes, a senior Federal Reserve official said Thursday, amid ...

The Central Bank of Nigeria (CBN) data on international payments shows that the Nigerian government spent $3.5 billion ...

When was the last time you walked up to an ATM, put in your card, and actually got cash? Been a while, right? Maybe months ...

Nigeria’s import levels surged 80.65 percent in six years, rising from $31 billion in 2017 to $56 billion in 2023, according ...

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

“Following the revocation of Heritage Bank’s banking licence by the Central Bank of Nigeria on 3 June 2024 and its subsequent liquidation, the group wrote-off its receivable relating to the cash held ...

Ahmad Abdullahi, a former director of banking supervision at the Central Bank of Nigeria and also a former chairman of FBN ...

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

“In 2023, the Central Bank of Nigeria (CBN) also removed restrictions on the use of FX for the import of 43 groups of ...

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