There is a new capital requirement for Nigerian banks, and Sterling Financial Holdings Company Plc is planning to meet the ...

Six years after the initial agreement to a currency swap deal, China’s central bank, People’s Bank of China has renewed its ...

China’s central bank revealed on Friday that it has renewed a bilateral currency swap agreement with its counterpart in ...

With this success, the Bank’s share capital will increase to N600 billion, surpassing the regulatory minimum requirement by ...

A series of explosions in Ibadan, the capital of Oyo State, shattered the early excitement of 2024, raising concerns about ...

Limited's forecast of reaching daily two million barrels per day of oil production is questioned by the Central Bank of Nigeria (CBN), which has expressed concerns about the ageing pipeline ...

The fresh capital inflow has received regulatory approvals from both the Central Bank of Nigeria and the Securities Exchange ...

The Central Bank of Nigeria (CBN) has granted the country’s Bureau de Change (BDC) operators temporary access to the official foreign exchange market from December 19 to January 30, 2025, it said in a ...

The Central Bank of Nigeria has revealed that more than 94 per cent of the cash in circulation in the country is outside the ...

Access Bank Plc, Nigeria biggest lender by assets, raised 351 billion naira ($228 million) in a rights offer to boost its capital above a new regulatory threshold as it embarks on an expansion plan.

ABUJA, Dec. 16 (Xinhua) -- The Central Bank of Nigeria (CBN) has said it would begin to checkmate and penalize deposit money banks and other financial institutions caught illegally disbursing funds to ...

Nigeria has renewed its bilateral currency swap agreement with the Republic of China as part of measures to deepen financial ...