Zenith Bank, one of Nigeria's tier-one banks, has reportedly increased its staff salaries and promoted about 4,000 of its ...

Currency swap agreements offer Nigeria a viable mechanism to mitigate foreign exchange pressures, ensure balance of payments, ...

Commercial Banks have commenced the enforcement of daily and weekly withdrawal limits of N100,000 and N500,000 ordered by the ...

Finance Minister Edun has ruled out IMF loans, citing Nigeria's positive trade balance, growing reserves, and cheaper ...

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

One of Nigeria’s largest banks, Zenith Bank, is set to increase staff salaries in January as galloping inflation continues to ...

The Financial Reporting Council of Nigeria (FRC) on Wednesday pointed out that Nigeria was not yet a hyperinflationary economy.

Hon. Marilyn Dumkelechukwu Okowa-Daramola is a dynamic legislator, youth advocate and girl’s empowerment trailblazer. She was elected ...

There are indications that banks have begun the implementation of a daily withdrawal limit of N100,000 and a weekly limit of N500,000 on Point-of-Sale terminals.

The Central Bank of Nigeria Governor, Olayemi Cardoso, on Thursday, said the country’s Gross Domestic Product is expected to ...

Share 5.5% GDP growth rate achievable, says NESG The Governor of Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced the establishment of a new Compliance Department in the apex bank, which ...