Economy

Fitch Ratings has upgraded Bank of Industry’s (BoI) National Long-Term Rating to ‘AAA(nga)’ from ‘AA+(nga);’ and affirmed the Nigeria-based bank’s...

The Director of Information Technology, Central Bank of Nigeria (CBN), Rukiya Mohammed, on Wednesday, said the apex bank has concluded...

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has agreed to retain the Monetary Policy Ratio...

The Naira, on Thursday, dipped further at the parallel market in Lagos against the dollar. It lost N6 from N562...

Access Bank Plc has posted a profit before tax (PBT) of N97.49 billion in six months as at June 30....

The Central Bank of Nigeria (CBN) has denied allegation that it failed to remit 80 per cent of its operational...

Criminals in Italy and Germany are increasingly making use of cryptocurrencies, according to the customs directorate in Bonn. “The use...

The Central Bank of Nigeria (CBN) has assured bank customers that it would monitor commercial banks to ensure legitimate Foreign...

The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to set up teller points in designated branches...

Bitcoin broke above $40,000 on Wednesday and headed for another attempt at breaking from its months-long range as short-sellers bailed...

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Tuesday, retained the Monetary Policy Ratio at...

The Central Bank of Nigeria (CBN) has announced immediate discontinuation of sale of Foreign Exchange (forex) to Bureau de Change...

The Central Bank of Nigeria (CBN) has announced an extension to its 'Naira 4 dollar' incentive to encourage diaspora remittances...

The Central Bank of Nigeria (CBN) has approved the appointment of Tunde Hassan-Odukale as Chairman of First Bank of Nigeria...

Data acquired by Finbold indicates that the $25.62 trillion market cap of the New York Stock Exchange (NYSE) is higher...

Three former board members of Dutch bank ABN Amro were under criminal investigation in a money-laundering probe, the public prosecutor’s...

Lagos State topped other states of the federation, including the Federal Capital Territory (FCT), in Internally Generated Revenue (IGR) in...

The central parity rate of the Chinese currency, the Yuan, strengthened 65 pips to 6.5297 against the U.S. dollar on...

Access Bank Plc has declared gross earnings of N764.7 billion for the financial year ended December 31. 2020, in spite...

Determined to boost women empowerment for economic growth and development, First Bank of Nigeria Ltd said that it disbursed loans...