The official exchange rate between the naira and the US dollar ended 2024 at N1,535/$ inspite of reforms, according to data ...

The average maximum lending rate in the banking sector jumped to 31.06% in November 2024, the highest level since 2019 when ...

Further examination into the images showed that it contained an AI watermark which shows that the images are AI generated.

Despite FG's attempt to encourage cashless transactions, a new report from CBN shows that cash withdrawals from banks are ...

THERE are indications that First Bank of Nigeria Limited has laid off close to 100 of its senior staff to restructure and ...

The Resource Centre for Human Rights & Civic Education (CHRICED) says the Central Bank of Nigeria, CBN’s lax and subtle sanctions on erring banks and financial institutions, is responsible for the ...

The World Bank has projected that Nigeria’s inflation rate could drop below 20% by 2026, driven by enhanced monetary policy ...

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

The World Bank has fully disbursed a $1.5bn loan to Nigeria following the Federal Government’s implementation of key reforms ...

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 ...

With N600bn in share capital, Access Bank has surpassed CBN's requirements by N100bn, the first in Nigeria to do so.