The Central Bank of Nigeria has revealed that 95.66 per cent of bank debtors borrowed from microfinance banks as of September ...

The Central Bank of Nigeria (CBN) has disclosed that Nigeria's external reserves grew by $6 billion in 2024, driven by the ...

Under the leadership of Chairman Dr. Mohammed Nurudeen Olatunji, widely known as Dr. MO, MoreMonee has rapidly risen to ...

The launch, held at the CBN Head Office in Abuja, continues the Bank’s digital revolution project, tagged “Digital First,” ...

Palmpay and other mobile money operators in Nigeria have forecasted a robust year for the finetch industry as they build on ...

In the last five years, remittances alone have exceeded $90 billion. In December, the amount spent coming to Nigeria was not ...

Data from the Central Bank of Nigeria shows that Nigeria's external reserves have fallen from $40.88 billion in December to ...

"The MDAs Naira Payment Solution is considered a game-changer in the CBN's financial transaction management. The statement said it is projected to cause a 70% improvement in payment turnaround time ...

Nigeria's inflation rate hit 34.80% in December 2024, up from 34.60% in November, marking the fourth consecutive monthly ...

The Central Bank of Nigeria (CBN) has imposed a fine of N1.35 billion on nine Deposit Money Banks (DMBs) for failing to make naira notes available through automated teller machines (ATMs) during the ...