A CBN report has shown that in the first half of 2024, Nigerians conducted transactions on POS terminals, far exceeding the ...

The World Bank Group and International Monetary Fund have told the Central Bank of Nigeria how to win a fight aimed at ...

The Court of Appeal in Abuja has rejected an application to suspend a standing judgment that required the Central Bank of ...

ShareAfter two consecutive months of contraction, the country’s Purchasing Managers’ Index (PMI) rose to 51.0 index points in ...

The FG has defended its projection of decline in the inflation rate to 15 per cent this year, saying the projection is based ...

The Nigerian cryptocurrency market experienced remarkable growth in 2017, spurred by a surge in global interest in Bitcoin ...

Banks lower their interest rates on foreign currency (FX) deposits as the dollar supply improves. During an executive roundtable organized by PwC and BusinessDay on Thursday, Olusegun Alebiosu, the ...

African fintech company, Moniepoint has secured funding of over $10 million from Visa, bringing its Series C raise to an ...

Rising inflation, high interest rates, and naira depreciation could push an additional 13 million Nigerians below the national poverty line by 2025, according to a new report titled ‘2025 Nigerian ...

Olayemi Cardoso, has announced the creation of a new Compliance Department within the bank, which is scheduled to become operational by the end of February 2025.

Nigeria's central bank expects the economy to expand by 4.17% this year, Governor Olayemi Cardoso said on Thursday, driven by ...