A member of the Central Bank of Nigeria’s Monetary Policy Committee, Muhammad Abdullahi, has said that imported inflation ...

Nigeria is set to witness the launch of its first-ever licensed stablecoin cNGN. According to reports, the stablecoins will ...

Nigeria is set to welcome its first fully compliant stablecoin, cNGN, licensed by the CBN and the SEC. Stablecoins are ...

Leading financial institution, Fidelity Bank Plc, has announced the successful conclusion of the first tranche of its equity capital raise ...

Fidelity Bank Plc says it has successfully concluded the first phase of its equity capital raise, securing a 238 percent oversubscription in its public offer.

Owing to liquidity challenge, Nigerian DMBs have made the largest single withdrawal of N1.2 trillion from the CBN Standing Lending Facility ...

Stakeholders have urged the Federal Government to work with the private sector, especially business membership organisations ...

The recent stability of the naira and mildly lower food and fuel prices should taper inflation to 33.1 percent, according to ...

Nigeria’s treasury bills auction has attracted a total subscription of N3.22tn, reflecting heightened investor appetite amid ...

Due to a lack of cash in the financial system, Nigerian banks have taken a record N1.2 trillion loan from the CBN to keep ...

The Nigerian currency, Naira, continued its appreciation run against the dollar at the parallel foreign exchange market on Friday. According to a Bureau ...

According to the EFCC, between 2021 and 2022, the defendants failed to obtain a valid licence from the Central Bank of Nigeria (CBN) before engaging in investment management activities involving one ...