The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says the country’s external reserves have climbed to about $52 billion, while net external...
Nigeria’s Deposit Money Banks (DMBs) reduced lending to key sectors of the economy by N5.45 trillion in 2025, reflecting tighter credit conditions following recent regulatory...
The Central Bank of Nigeria (CBN) has reaffirmed that the standard ₦100 banknote remains legal tender and must be accepted for all transactions across the...
Federal Government-owned Galaxy Backbone has stepped up efforts to attract banks, fintech companies, and other financial institutions to its digital infrastructure services following the Central...
A Federal High Court in Lagos has encouraged parties involved in a 98.5 billion naira patent infringement case to explore an amicable settlement before the...
The Central Bank of Nigeria has directed banks and other financial institutions to immediately freeze the accounts and assets of individuals and companies designated for...
Net Foreign exchange (forex) into the economy fell by 24 per cent, month-on-month, MoM to $6.92 billion in February from $9.22 billion recorded the previous...
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has launched the CBN Naira Ambassadors Club, a campaign aimed at promoting respect for...
Banks and their customers lost a combined N134.48bn to fraud between 2020 and 2025 amid a significant expansion in digital payments and financial technology adoption...
