In the early stage of this administration, the banks played a major role in the implementation of the continued use of both ...
Mobile money agents have become a familiar sight across Nigeria, using handy point-of-sale machines to provide essential ...
Days after the ultimatum that the Central Bank of Nigeria (CBN) gave banks to ensure the availability of cash within the banking halls and the Automated Teller Machines (ATMs) around the country, ...
The naira settled at N1,538.50 per dollar at the foreign exchange market for the first time after an appreciation streak. The ...
The manufacturers’ group also called on the government to honour the unsettled $ 2.4 billion forex forward contract to ...
CBN governor Cardoso insisted that empty cash machines will not be tolerated and warned that defaulting banks "will face stringent penalties".
The Central Bank of Nigeria’s cautious interest rate hike on Tuesday and optimistic messaging on inflation has some ...
The launch of Electronic Foreign Exchange Matching System (EFEMS) by the Central Bank of Nigeria (CBN) has propelled the naira to significant gains, with rates strengthening to N1,587.29 to the dollar ...
The CEO of Quidax, an African-focused digital assets exchange, Buchi Okoro, has said that the new cryptocurrency regulatory framework released ...
The Central Bank of Nigeria raised interest rates for the sixth straight time this year, intensifying its quest to curb surging inflation and support the battered naira.
The Central Bank of Nigeria (CBN) has denied that it was forcing its staff to resign from the apex bank. This position was stated by the Acting Director of Corporate Communications, Mrs. Hakama ...
Zenith Bank Plc has emerged as ‘Bank of the Year, Nigeria’ in The Banker’s Bank of the Year Awards 2024. The award, which was ...