Fact about the alleged N5,000 new note with the image of President Bola Tinubu on it has emerged. The note was allegedly ...

Following the depreciation of the Nigerian currency, the Central Bank of Nigeria (CBN) has adjusted the exchange rate for ...

CBN has encouraged businesses to look at export opportunities by utilizing the weak naira According to CBN, Nigeria's competitive exchange rate can drive export-led growth. It added that a weakened ...

The Central Bank of Nigeria (CBN) has introduced two new digital solutions aimed at improving efficiency and modernising operations: the Document Flow (DocFlow) System and the Ministries ...

Nigeria’s foreign exchange (FX) reserve dropped by $435.40 million in one week. According to data from the Central Bank of Nigeria (CBN), the FX reserve fell from $40.92 billion on January 6 to ...

Nigeria was the country with the most Christians killed and kidnapped in 2024, according to the latest report from advocacy group Open Doors. The World Watch List, released Jan. 15, found that ...

The Central Bank of Nigeria (CBN) has sanctioned nine Deposit Money Banks (DMBs) with a cumulative fine of ₦1.35 billion for failing to dispense naira notes through Automated Teller Machines ...

The Central Bank of Nigeria (CBN) which slammed the sanction, said each of the banks would pay N150 million as fine for non-compliance with the regulator’s cash distribution guidelines ...

The Central Bank of Nigeria (CBN) has sanctioned some Deposit Money Banks (DMBs) for failing to make Naira notes available through automated teller machines (ATMs), during the yuletide season.

In 2021, the Central Bank of Nigeria (CBN) issued a controversial directive that prohibited banks and other financial institutions from facilitating transactions involving cryptocurrencies.

After Korea, Philippines media giant ABS-CBN is positioning itself as the next potential purveyor of hit Asian entertainment, building on the international box office success of “Hello, ...