Keystone Bank Limited on Tuesday announced that it is now fully owned by the Federal Government of Nigeria, following the ...

EFCC arraigned one Precious Uzondu, on a two-count charge bordering on his alleged refusal to accept the Naira as a legal ...

Interest in developing their own central bank digital currencies remains strong among central banks worldwide, but so far, ...

Akeem Tijani, a professor of agricultural economics at Obafemi Awolowo University in Ile-Ife, western Nigeria, confirmed that Nigeria mainly exported cocoa beans but also exported smaller amounts of ...

Following the depreciation of the Nigerian currency, the Central Bank of Nigeria (CBN) has adjusted the exchange rate for ...

The naira rose in value against the US dollar for the second day in the official window on Thursday, January 23, 2024, trading at N1,548 from N1,552.78.

Under the new directive, each BDC must choose one preferred authorised dealer bank (ADB) each week for their forex procurement. The Central Bank of Nigeria (CBN) has unveiled new regulations ...

The Nigerian Naira appreciated significantly at the parallel market on Monday, strengthening to N1,590 per US dollar, ...

The fresh capital raised by Nigerian banks is set to hit about N2.99tn if the second tranche of the recapitalisation ...

The Naira depreciated at the official market on Monday ... since December 2024 due to sustained reforms by the Central Bank of Nigeria (CBN). The reforms are aimed at ensuring transparency ...

The apex bank on Tuesday, January 28, in Abuja, approved waivers on the 2025 annual license renewal fee for all existing BDC ...