After a dip in currency in circulation due to a naira redesign policy, Nigeria’s currency in circulation has surged by N701.4tn in just one month, hitting...
Nigeria’s external reserves have declined by $1.57bn in the first quarter (Q1) of 2023, according to figures obtained from the Central Bank of Nigeria (CBN). The...
The Central Bank of Nigeria (CBN) has maintained its stance on crypto ban in the country even as Bitcoin now trades above $30k for the first...
The Central Bank of Nigeria (CBN) has proposed a new measure for the management of dormant bank accounts, unclaimed balances, and other financial assets in banks...
Following the increase in requests seeking operational upgrades for financial institutions, the Central Bank of Nigeria (CBN) has warned against taking such action until their licences...
The Central Bank of Nigeria (CBN) led monetary policy committee has raised the nation’s borrowing cost by another 50 basis points following a 500 basis points...
The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele has said that about N1 trillion is currently in circulation and more redesigned naira notes will be...
Recent reports reveal that Nigerians increasingly turned to the nation’s digital currency eNaira as transaction value jumped a whopping 63% to N22 billion ($48 million) amid...
The President of the Nigeria Labour Congress, Joe Ajaero, has directed public sector workers in the country to commence a nationwide strike from Wednesday next week....
The Central Bank of Nigeria (CBN) has granted licenses to 17 fintech startups to provide mobile money services in Nigeria. The recent frustrations experienced by bank...