By Tajudeen SuleimanThe Central Bank of any country is a uniquely influential institution. Due to its mandate of maintaining monetary and financial stability in line with the economic vision of the ...

In a strategic move to comply with the new capital requirement for banks by the CBN, Wema Bank has filed an application to ...

Nigeria's central bank left its benchmark interest rate unchanged on Thursday after six hikes last year, saying that it was reassured by stability in the foreign exchange market and saw inflation ...

Nigeria’s foreign exchange reserves dropped by $1.31 billion in February 2025, reflecting ongoing external pressures amid a ...

The Office of the Accountant General of the Federation (OAGF) has assured the public that Remita, the Central Bank of ...

A Federal High Court in Lagos has ordered the permanent forfeiture of $1.4 million linked to fraud involving the embattled ...

Banks have commenced implementation of the new Automated Teller Machine (ATM) transaction fee charge on customers following ...

The Central Bank of Nigeria (CBN) has appointed 16 new directors across key departments, nine months after it relieved the previous directors from the services of the bank as well as those who retired ...

The Accountant General of the Federation has clarified that Federal Government has not discarded Remitta as CBN approved ...

These reforms align with Nigeria’s vision of achieving a $1 trillion economy by 2030, creating an enabling environment for ...

The Lagos State Special Offences Court in Ikeja had ordered the forfeiture of 6.3 billion units of ordinary shares of Keystone Bank Limited, valued at N1 per share, to the Federal Government of ...

First hold after six hikes last year Central bank notes stability in FX market Encouraged by rebased CPI but wants more data ABUJA, Feb 20 (Reuters) - Nigeria's central bank left its benchmark ...