As banks are geared up to meet the new CBN requirements, analysts expect that a few banks may consider downgrading their ...

Nigerian banks have successfully raised N1.7 trillion in the first phase of the Central Bank of Nigeria’s recapitalization ...

Inflation has continued to be one of Nigeria’s most pressing economic challenges, with the Consumer Price Index (CPI) ...

The introduction of the FX Code comes at a time when Nigeria’s foreign exchange market has faced serious challenges. These include speculative trading, price manipulation, and concerns over market ...

ShareThe Central Bank of Nigeria (CBN), on Friday,  said Nigerian youths’ fortunes will be enhanced with the bank’s ...

The Governor of the CBN, Olayemi Cardoso, has stated that inflation would have surged to 42.81 percent by December 2024 ...

Corruption is endemic in Nigeria. It drains billions of dollars a year from Africa’s largest economy and most populous country. Systemic corruption also undermines Nigeria’s ability to combat ...

and served as the governor of the Bank of Canada, the country's central bank. He took over there in 2008, a few months before the peak of the Great Financial Crisis - and his success in that role ...

Los Angeles – Blackstone has hired financial advisers to explore the sale of song rights, including music from Bob Dylan, Adele and Ariana Grande, that it expects to fetch US$3 billion (S$4.1 ...

The Central Bank of Nigeria has unveiled two digital innovations—the Document Flow System and the Ministries, Departments, and Agencies Naira Payment Solution—at an event held on Wednesday ...

Walmart announced on Monday that it had unveiled a new logo, part of "a comprehensive brand refresh." The U.S.-based retailer boasted in a news release that the new look — its first change ...

The Central Bank of Russia has taken to Telegram to publicly dismiss rumors that its citizens' bank deposits may be frozen. The bank wrote in a Telegram post on Monday that the idea that retail ...