When was the last time you walked up to an ATM, put in your card, and actually got cash? Been a while, right? Maybe months ...
The Independent National Electoral Commission (INEC) in Ondo State, on Thursday, distributed sensitive materials ahead of the ...
Nigeria’s import levels surged 80.65 percent in six years, rising from $31 billion in 2017 to $56 billion in 2023, according ...
“In 2023, the Central Bank of Nigeria (CBN) also removed restrictions on the use of FX for the import of 43 groups of ...
Nigeria’s fiscal deficit continues to swell, with recent figures showing a budget deficit of 7.6% of GDP as of August ...
“Following the revocation of Heritage Bank’s banking licence by the Central Bank of Nigeria on 3 June 2024 and its subsequent liquidation, the group wrote-off its receivable relating to the cash held ...
By Korede SOTUBO The emergence of Central Bank Digital Currencies (CBDCs) introduces transformative potential for international business, particularly by enhancing cross-border transaction efficiency, ...
An independent central bank is "fundamental" to good economic outcomes, a senior Federal Reserve official said Thursday, amid ...
Ahmad Abdullahi, a former director of banking supervision at the Central Bank of Nigeria and also a former chairman of FBN ...
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NDIC begins sale of Heritage Bank assets
The Nigeria Deposit Insurance Corporation, NDIC, has commenced a national auction of landed properties and physical assets ...
Share…reiterates $1bn remittance target The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso on Thursday, ...