According to the Fraud and Forgeries Report in Nigerian Banks for the first quarter of 2024 by FITC, POS fraud cases surged by 31.12 per cent in Q1 2024. In Q4 2023, there were 2,683 reported cases of ...

The World Bank Group has said that the Central Bank of Nigeria must stay the course in its attempt to tackle inflation.

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 ...

according to the latest Central Bank of Nigeria (CBN) Economic Report. The report disclosed that inflows through the CBN surged by 39.63 percent, reaching $11.86 billion, up from $8.49 billion in Q2 ...

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 ...

The naira rose in value against the US dollar for the second day in the official window on Thursday, January 23, 2024, ...

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.

The Central Bank of Nigeria has countered the World Bank's 3.7 per cent economic growth outlook for Nigeria, stating the ...