The Central Bank of Nigeria, CBN, has approved the release of the Nigerian Foreign Exchange, FX Code. According to the apex ...

Wema Bank Plc has announced plans to raise N200 billion in fresh capital through a rights issue and special placement from April 1.

The naira firmed up significantly against the dollar at parallel foreign exchange markets on Wednesday. A Bureau de Change ...

The Debt Management Office, on behalf of the Central Bank of Nigeria, offered N530bn in standard maturities to investors in the primary market. The breakdown included N50bn for 91-day bills, N80bn for ...

The Bank said the formal launch of the Code is scheduled to take place at its headquarters in Abuja on 28 January.

The Financial Reporting Council (FRC) of Nigeria clarifies that the Country has not yet reached a state of hyperinflation, ...

Of Kenya’s banks that do not meet the new minimum capital requirements, less than a handful can credibly plan to raise the ...

In November 2024, the SEC announced that banks raised N1.7 trillion from the capital market in their efforts to meet the ...

Ignore faked images of attack on Nigeria's central bankIN SHORT: Several photos have been posted on social media with the claim that they show an attack on Nigeria's central bank. However, the images ...

ShareThe heavy N1.35 billion fine the Central Bank of Nigeria’s (CBN) slammed on nine deposit money banks (DMBs) last week for failing to dispense cash via their Automated Teller Machines (ATMs) ...

ShareNigeria’s large fiscal deficits, rising debt burden and high inflation rate pose a significant threat to exchange rate stability and could undermine the benefits of the Central Bank of Nigeria’s ...

These laws, ranging from obscure traffic regulations to environmental and cultural rules, even marriage laws are crucial to ...