The Central Bank of Nigeria has approved the Nigeria Foreign Exchange (FX) Code, which is designed to promote ethical conduct ...

ShareThe newly elected Chairman of the Organised Private Sector of Nigeria (OPSN), Dele Kelvin Oye, has said that government’s plans to impose more taxes and sanctions on companies in Nigeria will not ...

The Naira yesterday depreciated to N1,570 per dollar in the parallel market from N1,560 per dollar on Tuesday.

Fitch Ratings has said tier-3 banks in Nigeria are more likely to resort to mergers and acquisitions or downgrade their licences as they struggle to meet the Central Bank of Nigeria’s new paid-in ...

Fitch Ratings, a leading provider of credit ratings, commentary and research, has said that Nigerian third-tier banks are more likely ...

International rating agency Fitch Ratings has indicated that Nigerian banks are on track to meet the March 2026 recapitalisation deadline set by the CBN.

IHS Holding's stock has risen 28% since my last article, arguably due to a more stable currency and more US dollar ...

The federal government has officially taken full ownership of Keystone Bank Limited after the Lagos state special offences court approved the forfeiture of shares previously held by its former ...

Since assuming office in September 2023, Governor Olayemi Cardoso has implemented several bold monetary policy reforms aimed ...

The Naira extended its downward trajectory mid-week, depreciating further against the US dollar in both the parallel and official markets.

The wedding was grand, a spectacle of culture and tradition. Guests arrived adorned in dazzling aso-oke head ties, regal ...

Interest in developing their own central bank digital currencies remains strong among central banks worldwide, but so far, ...