Money

European Union (EU) sanctions against Russia’s Central Bank came into force after being published in the EU’s Official Journal in...

The Central Bank of Nigeria (CBN) has announced that interest rates on its various intervention facilities had been extended till...

The Central Bank of Nigeria (CBN) has released operational guidelines on the Global Service Instructions (GSI), aimed at checking the...

The Central Bank of Nigeria (CBN) has announced a downward review of charges for electronic banking transactions in its revised guidelines...

Mr Godwin Emefiele, Governor, Central Bank of Nigeria (CBN), says Nigerians are gradually adopting the eNaira, launched three months back....

Parallex Bank, one of the latest microfinance banks to transit to a commercial bank, has promised limitless banking services using...

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings PLC, has introduced a Smart Loan digital solution to enable customers...

Union Bank of Nigeria (UBN) Plc, on Thursday, announced a proposed divestment of majority shareholding interest in the bank to...

Mr Godwin Emefiele, Governor, Central Bank of Nigeria (CBN), says that in less than four weeks, the eNaira app had...

The central parity rate of the Chinese currency renminbi, or yuan, strengthened 44 pips to 6.3936 against the U.S. dollar...

American business magazine, Forbes, says 44 newcomers joined its list of 400 America’s richest people in 2021, a post on...

The Central Bank of Nigeria (CBN) says the faking of higher denomination banknotes in Nigeria dropped 20.80 per cent in...

The Group Managing Director/Chief Executive Officer of United Bank for Africa (UBA) Plc, Kennedy Uzoka, has been announced as the...

Following the launch of the eNaira by President Muhammadu Buhari, the application for the digital currency introduced by the CBN...

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 7 pips to 6.4307 against the U.S....

Low-income countries’ debt rose by 12 per cent to $860 billion in 2020, the International Debt Statistics (IDS) 2022 report...

The Group Managing Director/Chief Executive Officer, United Bank for Africa (UBA) Plc, Kennedy Uzoka, has said that the main priority...

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...