A Nigerian civil society organization, Global Integrity Crusade Network (GICN), has filed a lawsuit at the Federal High Court ...

An independent central bank is "fundamental" to good economic outcomes, a senior Federal Reserve official said Thursday, amid ...

By Korede SOTUBO The emergence of Central Bank Digital Currencies (CBDCs) introduces transformative potential for international business, particularly by enhancing cross-border transaction efficiency, ...

“Following the revocation of Heritage Bank’s banking licence by the Central Bank of Nigeria on 3 June 2024 and its subsequent liquidation, the group wrote-off its receivable relating to the cash held ...

A man caused the collapse of an entire bank after selling his employer an imaginary airport for a whopping $242,000,000.

The forum was well-attended, with a selective group of participants from the Nigerian diaspora including industry leaders, ...

Nigeria’s biggest bank is considering selling dollar-denominated securities in the domestic market to fund its expansion ...

Jerome Powell, Chairman of the United States Federal Reserve, firmly dismissed speculation about his position as Donald Trump ...

Lotus Bank Limited, a Nigerian non-interest bank, has said that it has met the Central Bank of Nigeria, CBN's, minimum capital requirement even before the apex bank raised the new threshold. Speaking ...

Nigeria's central bank is prepared to use "whatever tools at our disposal" to manage inflation, its central bank chief ...

Africhange, a leading cross-border remittance service provider, announced today that its Nigerian subsidiary, Currenzo, has secured the International Money Transfer Operator [IMTO] licence from the ...

HOUSTON, Oct. 31, 2024 /PRNewswire/ -- The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), Nigerian banks, and International Money Transfer ...