Nigeria’s crude oil export earnings slumped to $12.1 billion in Q2, 2024 as against $12.4 billion in the preceding Q1, ...

Nigeria’s fiscal deficit continues to swell, with recent figures showing a budget deficit of 7.6% of GDP as of August ...

The Nigeria Deposit Insurance Corporation, NDIC, has commenced a national auction of landed properties and physical assets ...

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

The development came months after the Central Bank of Nigeria (CBN) revoked Heritage Bank Plc's license with immediate ...

An investment firm, Barbican Capital Ltd, has asked a Federal High Court in Lagos to strike out the suit it filed against FBN Holdings in order to explore an amicable resolution of the dispute. The ...

This is where the CBN comes in. The Central Bank of Nigeria (CBN ) has the statutory function of issuing the naira and managing the circulation of the naira. It also manages the exchange of foreign ...

The Nigeria Deposit Insurance Corporation (NDIC) says the sale of Heritage Bank assets will begin on December 4, 2024.In a statement ...

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 ...

How does Donald Trump’s victory, last week, in the contest for the U.S. presidency play to Nigeria’s advantage or disadvantage?” Given that this is a question most non-Americans — from Mexico, through ...

New Telegraph reports that financial experts had predicted that the devaluation of the naira, occasioned by the forex reforms ...

The governor of the Central Bank of Nigeria (CBN) has disclosed that the bank's policies raised Nigeria's FX reserves to a 33 ...