African Export-Import Bank (Afreximbank) has signed a Memorandum of Understanding (MoU) with the Export-Import Bank of the United States (U.S. EXIM) to enhance trade between Africa...
The World Bank has warned that the time and short transition period to the redesigned Naira notes will have a negative impact on economic activities and...
National Insurance Commission has said that the industry industry recorded a total Asset of about N2.3 trillion, indicating a 9.0 per cent increase, YoY. It said...
Ghana has said it will suspend payments on most of its external debt, effectively defaulting as the country struggles to plug its cavernous balance of payments...
Nigerians in the diaspora remitted more than $20 billion in 2021, President Muhammadu Buhari said in Washington. The president made the comment at a presidential Town...
A group under the aegis of Point of Sale ( POS Operators ) in Nigeria has kicked against the cashless policy of the Central Bank of Nigeria...
Ending the week, the Lagos bourse maintained the bullish trend for the third consecutive session as the benchmark index closed 0.17% stronger to settle at 49,316.29 points,...
The Central Bank of Nigeria has directed banks to take down serial numbers of new Naira notes whenever it is withdrawn. Bank staff has said that they...
Nigeria Inter-Bank Settlement System (NIBSS) data indicate that bank customers in Nigeria transferred a total of N2.1 trillion over mobile in November 2022. The November figure brought...
The local bourse extended its positive close as gains in MTNN, STANBIC, and ZENITHBANK lifted the benchmark index by 0.5% to 49,233.02 points. Resultantly, the YTD...
Senate has confirmed the former Director Human Resources of the Central Bank of Nigeria, CBN, Edward Lametek Adamu for the position of Deputy Governor of the...
Senate has made a passionate appeal to Central Bank Of Nigeria to consider an upward review of the cash withdrawal limits. Senators urged the apex bank to...
The local bourse bounced back today, paring the prior session’s loss, as the benchmark Index closed 0.28% higher to settle at 48,988.04 points, the highest point since...
Senate has threatened the Permanent Secretary, Ministry of Finance, Budget and National Planning with a warrant of arrest if the Director, Cash Departments fails to appear...
Human Right lawyer Mr Femi Falana, and operators of PoS (Point-of-Sale) machines, have threatened to sue the Central Bank of Nigeria (CBN) if it fails to...