The Central Bank of Nigeria (CBN) is pushing ahead with sweeping reforms to reinforce the nation’s financial system through a historic recapitalisation drive for banks and Bureaux De Change (BDCs), ...

The International Monetary Fund has demanded action for Nigeria to exit the Financial Action Task Force grey list, commending the country for the economic reforms that have led to a deceleration of ...

The Senate has praised the Central Bank of Nigeria (CBN) for what it calls "encouraging developments" in the country's financial and monetary landscape over the last six months.

Zenith Bank is in talks with a tier-two lender in the Kenyan market with its top leadership expected to jet into Nairobi.

The Nigerian authorities have implemented major reforms over the past two years which have improved macroeconomic stability and enhanced resilience.

Nigeria’s central bank chief has been arrested hours after being suspended from office by the country’s new president, authorities said Saturday. Godwin Emefiele, governor of the Central Bank ...

Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price updates.

What The Central Bank Of Nigeria's Directive To Banks On Increasing Capital Bases Means For Businesses. ... but on the non-bank financial system, made up of pension funds, stockbrokers, ...

Nigeria’s central bank chief has been arrested hours after he was suspended by the country’s new president. And other business news in brief.

Central Bank of Nigeria Governor Olayemi Cardoso said the rise in the bank's main lending rate to 26.75% from 26.25% was needed to tackle inflation.

Nigeria's central bank said on Friday it had revoked the licences of 4,173 exchange bureaus that failed to comply with its guidelines and directives, including rendering returns of transactions ...

ABUJA, Nigeria (AP) — Nigeria’s central bank chief has been arrested hours after being suspended from office by the country’s new president, authorities said Saturday. Godwin Emefiele ...