The Central Bank of Nigeria has approved the Nigeria Foreign Exchange (FX) Code, which is designed to promote ethical conduct ...

The Naira yesterday depreciated to N1,570 per dollar in the parallel market from N1,560 per dollar on Tuesday.

Fitch Ratings has said tier-3 banks in Nigeria are more likely to resort to mergers and acquisitions or downgrade their licences as they struggle to meet the Central Bank of Nigeria’s new paid-in ...

Obasi-Pherson Help Foundation, a civil society organisation (CSO), had petitioned the lower legislative chamber, claiming ...

“Recall that on January 10, 2024, the Central Bank of Nigeria (CBN) announced the dissolution of the previous Board and ...

ShareIn some of the episodes in this column, I have made a few common-sense predictions that have come to pass and ...

The rise of the US dollar has crashed the Nigeria naira by 0.7% in the official market, depreciating by N11 to a dollar and ...

The Central Bank of Nigeria (CBN) has reviewed upwards the fees charged on Automated Teller Machine (ATM) withdrawals ...

The CBN has directed all financial institutions to comply with the new guidelines ahead of the March 1, 2025, implementation ...

The Central Bank of Nigeria (CBN) has announced new charges for Automated Teller Machine (ATM) transactions, stating that customers will now incur fees when using ATMs of banks other than their own.

The Central Bank of Nigeria has eliminated the three free monthly withdrawals previously allowed for customers using other banks’ ATMs.In a circular dated February 10, 2025, the apex bank directed all ...