At least five of the nine banks owing telecommunication companies N160 billion for the Unstructured Supplementary Service Data (USSD) ...

according to the latest Central Bank of Nigeria (CBN) Economic Report. The report disclosed that inflows through the CBN surged by 39.63 percent, reaching $11.86 billion, up from $8.49 billion in Q2 ...

CBN directed participants in the foreign exchange market to submit compliance reports on adherence to the Nigeria FX Code by ...

Businesses in Nigeria identified high bank charges, poor infrastructure, and insecurity as major obstacles to their operations in December 2024. The revelations are in the Central Bank of Nigeria's ...

AnalystBy Ebere Inyama (Onitsha) Following the suspension of foreign assistance to Africa by the U.S. government, Nigeria ma ...

ShareThe Central Bank of Nigeria (CBN), on Monday, announced that it has approved the waiver of the 2025 licence renewal fee ...

The Code draws on the principles from the Global FX Code and best practices adopted in leading jurisdictions The Central Bank ...

NIMc reports that enrollment for the GMPC is already ongoing with the biometrics of more than 115 million Nigerian captured.

Over the past few months, mobile network operators (MNOs) have raised concerns over the effect of the unpaid N250bn USSD ...

About seven banks, mostly tier-1 entities, have raised about N1.3 trillion in pursuit of the Central Bank of Nigeria (CBN) ...

Zenith Bank Plc disclosed that it exceeded its target of N290 billion by raising N350.4 billion through its combined rights ...

In 2024, the Central Bank of Nigeria (CBN) experienced a pivotal transformation under the innovative leadership of Governor Yemi Cardoso. Faced with a myriad of economic challenges that had hindered ...