(Bloomberg) -- Nigerian lenders are tapping expensive short-term commercial papers to plug temporary liquidity gaps as the ...

The Central Bank of Nigeria (CBN) has continued to take major steps to keep the naira stable in line with its exchange rate ...

In 2021, the Godwin Emefiele-led Central Bank of Nigeria, in a move steeped in a paranoia reminiscent of military regimes past, banned banks from facilitating cryptocurrency transactions.

The witness also disclosed that he worked for Arik as a consultant and the airline currently owed him about $2.3m.

ShareA new report by Proshare analysts has thrown light on how the outgoing Chief Executive Officer of Unity Bank Plc, Mrs Tomi Somefun, was able to successfully run the financial institution despite ...

The naira and Nigeria’s foreign reserves saw significant gains last week, as the Central Bank of Nigeria (CBN)’s policy ...

In 1894, three years before Flora Shaw, the journalist, would pen down the word, ‘Nigeria’, for the first time, First Bank of ...

Zenith Bank Plc has announced its audited financial results for the year ended December 31, 2024, delivering significant ...

The Nigerian banking sector is undergoing significant recalibration to support the ambitious goal of growing the economy to the $1 trillion target. From recapitalisation, prudential guidelines, ...

The Nigerian Exchange (NGX) market capitalisation which represents the market value of all listed companies gained N3.494 ...

Rotimi Oyekanmi, Board Chairman (second left); Cecile Chahid- Nourai,Chief Group Operating Officer (third left); Eric Ntumba, Managing Director/CEO, Baobab Nigeria (third right); Frederic Flejou ...