The Central Bank of Nigeria has revealed that Nigeria's foreign reserves are now above the $40 billion mark The increase will ...

MultiChoice Group Limited has written off $21m deposited in Nigeria’s Heritage Bank following the financial institution’s ...

Leading integrated payments and digital commerce companies, Interswitch, has announced a strategic partnership with the ...

A Nigerian civil society organization, Global Integrity Crusade Network (GICN), has filed a lawsuit at the Federal High Court ...

By Korede SOTUBO The emergence of Central Bank Digital Currencies (CBDCs) introduces transformative potential for international business, particularly by enhancing cross-border transaction efficiency, ...

A man caused the collapse of an entire bank after selling his employer an imaginary airport for a whopping $242,000,000.

“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 ...

“In 2023, the Central Bank of Nigeria (CBN) also removed restrictions on the use of FX for the import of 43 groups of ...

HOUSTON, Oct. 31, 2024 /PRNewswire/ -- The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), Nigerian banks, and International Money Transfer ...

Jerome Powell, Chairman of the United States Federal Reserve, firmly dismissed speculation about his position as Donald Trump ...