The Nigerian naira is undervalued and expected to rally this year amid improvements in fiscal and monetary conditions, ...

As the Central Bank of Nigeria (CBN) prepares for its 301st Monetary Policy Committee (MPC) meeting, a recent survey has ...

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.

Stanbic IBTC Bank has announced that it has hit the N200 billion recapitalisation target set by the Central Bank of Nigeria ...

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

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 ...

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.

More Nigerians are beginning to perceive a slowdown in the inflation rate in the country, according to the latest Inflation ...

Nigeria's central bank said on Monday it had revoked the banking licence of unlisted lender Heritage Bank Plc due to a breach of banking regulations.

Nigeria’s economic potential is vast—it is home to over 220 million people, a growing tech sector, abundant natural resources ...

Nigeria’s central bank chief arrested after being suspended by president Emefiele’s arrest culminates months of investigation into his office by Nigeria’s Department of State Services.

Bismark Rewane, an economist and Chief Executive Officer of Financial Derivatives, says Nigeria's currency has stabilized. Rewane spoke during an ...