UBA is inviting shareholders to take up more shares, as it issues 3.15 billion new shares to raise the money needed to meet CBN capital requirements.

But the Bank for International Settlements, the umbrella body for central banks, last month warned that the unchecked rise of ...

Zenith Bank Plc has hit a market capitalisation of N3 trillion, making it the second most capitalised bank, after CGTOC on the Nigerian Exchange Limited.

Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price updates.

Bismark Rewane, an economist and Chief Executive Officer of Financial Derivatives, says Nigeria's currency has stabilized. Rewane spoke during an ...

The Central Bank of Nigeria has given lenders until the end of the week to submit plans to address capital shortfalls and ...

Godwin Emefiele, governor of the Central Bank of Nigeria, is in “custody for some investigative reasons,” Nigeria’s secret police said in a statement without providing further details.

Nigeria's central bank is concerned about the value of the naira and is making deliberate efforts to avert a further downward slide in the currency, it said on Friday. Skip to main content.

A court in Nigeria’s capital city Abuja has ordered the Central Bank to unblock the accounts of 20 people who were involved in the #EndSARS protests which rocked the country last October.

Suspended Nigerian Central Bank governor, Godwin Emefiele, made a public appearance in a Lagos court on Tuesday to face charges of illegal possession of a firearm and live ammunition.

ABUJA, June 3 (Reuters) - Nigeria's central bank said on Monday it had revoked the banking licence of unlisted lender Heritage Bank Plc due to a breach of banking regulations.

ABUJA, Nigeria (AP) — Nigeria’s central bank chief has been arrested hours after being suspended from office by the country’s new president, authorities said Saturday. Godwin Emefiele ...