Nigeria's central bank unexpectedly raised its benchmark lending rate by 50 basis points to 27.25% on Tuesday in a unanimous ...

Nigeria's central bank surprised the market by raising its benchmark lending rate to 27.25% from 26.75% on Tuesday, with ...

Lateef Fagbemi, attorney-general of the federation, has denied the reports that a court in the United States authorised the ...

The Nigeria Inter-Bank Settlement System (NIBSS), has revealed that the number of active bank accounts in Nigeria rose to 231 ...

Finance Minister Edun has said economic reforms are yielding positive results, with increased government revenues and ...

The Central Bank of Nigeria, led by Governor Olayemi Cardoso, has increased its benchmark lending rate to 27.25% from 26.75% as announced on Tuesday.

Nigeria's central bank unexpectedly raised its benchmark lending rate by 50 basis points to 27.25% in an effort to control persistent inflation. This marks the fifth rate hike this year. Despite a ...

The Central Bank of Nigeria has announced reorganizing Keystone Bank Limited's board of directors, which is a key step toward ...

The Central Bank of Nigeria (CBN) has granted approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and Providus Bank Limited. This strategic move, ...

This represents a 130% increase from the same period in 2023, according to a press statement issued on Tuesday by Ali Sidi Ali, Hakama (Mrs.) Ag CBN Director of Corporate Communications.

The Central Bank of Nigeria (CBN) the apex bank in Nigeria has said it has reintroduced the publication of several key economic reports. According to the apex bank, the move is aimed at ...

A total of 134 countries representing 98% of the global economy are now exploring digital versions of their currencies, with ...