
Central Bank of Nigeria (CBN) has directed its staff in non-critical roles to stay at home and work remotely, effective Wednesday. The Bank, however, said it...

Konga, Nigeria’s foremost e-commerce giant, has revealed that a minimum of 10,000 shoppers will benefit from its N10m fund set up to cushion the effects of...

Central Bank of Nigeria (CBN), has said that the Naira was not devalued, emphasising that the exchange rate was only readjusted to reflect the current global...

Central Bank of Nigeria (CBN) has expressed dismay at speculative activities at the foreign exchange market from impressions that the apex market would devalue the Naira,...

The Naira exchanged between N405 and N420 to the dollar yesterday as panic buying by foreign currency traders triggered another round of depreciation of the local...

Central Bank of Nigeria (CBN) has reviewed the Nigeria Uniform Bank Account Number (NUBAN) to include other finance institutions. A circular signed by Musa Jimoh, director,...

Large scale crypto-currency scams are rocking Nigeria as fraudulent firms claiming to offer digital currencies buffet on Nigerians while monetary authorities and law enforcement agencies appear...

Nigerian banks may have reintroduced the N50 stamp duty charges on electronic payments in the country despite the public outcries that have greeted the controversial charge....

Central Bank of Nigeria (CBN) will commence nationwide implementation of its cashless policy mandating Nigerians to pay fees on withdrawals and deposits above N500,000 on April...

Nigeria Deposit Insurance Corporation (NDIC), said it has fully paid all depositors of the 18 failed banks their deposits and paid creditors and shareholders of the...