The transactions involved about one-fourth of the company's total shareholding, but the regulators claim they don't know much ...

Amid the ongoing recapitalisation drive announced by the Central Bank of Nigeria, several Nigerian banking stocks have been ...

UBA is inviting shareholders to take up more shares, as it issues 3.15 billion new shares to raise the money needed to meet CBN capital requirements.

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A crisis is brewing in the Nigerian banking sector over the imposition of controversial charges by banks on their customers. Complaints over these charges have reached a level that can no longer be ...

The Central Bank of Nigeria has given lenders until the end of the week to submit plans to address capital shortfalls and ...

Nigeria's central bank said on Thursday it plans to intervene in the country's foreign exchange market occasionally to boost liquidity, while ending an eight-year ban on 43 items that had been ...

A court in Nigeria’s capital city Abuja has ordered the Central Bank to unblock the accounts of 20 people who were involved in the #EndSARS protests which rocked the country last October.

In Nigeria, citizens have taken to the streets to protest the nation’s cash shortage, further objecting to their government’s implementation of a central bank digital currency (CBDC).The ...

Suspended Nigerian Central Bank governor, Godwin Emefiele, made a public appearance in a Lagos court on Tuesday to face charges of illegal possession of a firearm and live ammunition.

Nigeria's central bank is concerned about the value of the naira and is making deliberate efforts to avert a further downward slide in the currency, it said on Friday. Skip to main content.