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

The CBN's $4.1bn foreign exchange intervention in H1 2025 aims to stabilize the naira, despite challenges like low oil revenues and investor caution.

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.

The Nigerian currency, the naira, depreciated to N1,530 per dollar on Wednesday, July 16, 2025, from N1,518 the previous day, ...

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

Capital importation into Nigeria witnessed a sharp decline during the eight-year administration of former President Muhammadu ...

According to Bloomberg, CEO of the group’s Sterling Bank subsidiary, Abubakar Suleiman confirmed the development in a phone interview on Wednesday, stating ...

The Supreme Court of Nigeria has struck out an appeal by the Asset Management Corporation of Nigeria (AMCON) in its ...

As we work to reposition the South-south for broad-based prosperity, the financial system must play a central role, not ...

The Federal government has been advised to adopt the use of Cryptocurrency in official transactions and to encourage its use among Nigerians, with an ...

Experts have called on the federal government to create a deliberate strategy to de-risk Nigeria's business environment and ...

The President of the Chartered Institute of Bankers of Nigeria, Prof. Pius Olanrewaju, has stated that the South-South region contributed N34 trillion to ...