Nigeria’s central bank has made it illegal for banking lenders to accept foreign currency as collateral when giving out naira loans. This is the latest step...
Nigeria’s former central bank governor, Godwin Emefiele, will appear in a Lagos court on Monday after the country’s anticorruption body filed 26 fresh charges against him...
Stock market investors are looking forward to the outcome of the Nigerian apex bank’s Monetary Policy Committee (MPC) meetings, scheduled to be held on Monday and...
The Naira, the currency of Nigeria, strengthened against the US dollar on Wednesday in both the official and black markets. On the black market, the local...
The Central Bank of Nigeria has warned all primary mortgage banks in the country regarding the timely submission of regulatory returns. This was as it also...
Nigeria’s central bank, the CBN, has released new regulations dubbed ‘Exposure Draft of the Risk-based Cyber Cyber-security Framework and Guidelines for Deposit Money Banks, or DMBs,...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria will have its first interest rate meeting since July next week, after the Senate on...
According to Fitch Ratings, a credit rating firm, the Central Bank of Nigeria’s proposed foreign currency gateway bank could negatively affect the liquidity of Nigerian banks....
In an effort to secure support for the country’s reforms and discuss prospects for economic recovery, World Bank executives met with Nigeria’s central bank governor, finance...
Banks and financial technology businesses (fintechs) are no longer permitted to carry out foreign currency transfer services, according to the Central Bank of Nigeria (CBN). The...