The Senate is currently in an emergency plenary to discuss the amendment of the Central Bank of Nigeria Act, 2004. Originally, the plenary was...
The Manufacturers Association of Nigeria (MAN) has expressed concerns regarding the recent increase in the Monetary Policy Rate (MPR), which is Nigeria’s benchmark interest rate,...
Godwin Emefiele, the Governor of the Central Bank of Nigeria, has revealed that the Dangote Group has effectively reimbursed 70 percent of the loans granted...
The Central Bank of Nigeria (CBN) has released a statement today clarifying that Bank Verification Number (BVN) issued in Nigeria does not have an expiration...
In the face of the apparent disappearance of the newly designed bank notes, for which the Nigerian economy has been disrupted, the Central Bank of...
Zenith Bank Plc has reported that it grew its gross earnings by 41 percent from N191.5 billion in the first quarter of 2022 to N270...
The Central Bank of Nigeria and other stakeholders in the financial services sector recently shared their views on the importance of implementing a robust cashless...
The Nigerian banking sector has welcomed another new member with OurPass, a one-click checkout company opening shop for banking and allied services in the country....
The Central Bank of Nigeria (CBN) has rectified the appointment of Moruf Oseni as Managing Director/Chief Executive Officer of Wema Bank Plc. The lender made the...
The Nigeria Sovereign Investment Authority (NSIA), manager of Nigeria’s sovereign wealth fund, has grown its net assets by 10 percent from N919.73 billion in 2021 to...