The World Bank Group has said that the Central Bank of Nigeria must stay the course in its attempt to tackle inflation.This was revealed by the Senior Economist for Nigeria, World Bank Group, Dr ...
Zenith Bank, one of Nigeria's tier-one banks, has reportedly increased its staff salaries and promoted about 4,000 of its ...
The Central Bank of Nigeria (CBN) on Friday failed to convince the Court of Appeal in Abuja to dismiss a case seeking judicial review of records of total demonetized coins between 2017 and 2020. The ...
The court forbids all banks from dealing in all monies and assets belonging to Mr Obaigbena and General Hydrocarbons Limited.
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 Financial Reporting Council of Nigeria (“FRC” or “the Council”) is a Federal Government regulatory agency established by ...
The Central Bank of Nigeria has denied plans to declare old naira notes illegal. This development was communicated in a December 2024 news update of the CBN published on its website. According to ...
Commercial banks in Nigeria appear to be losing the credit battle, as new data shows that over 95% of loans in 2024 were ...