Many banks are exploring talks about mergers in a bid to meet the recapitalisation target. Six banks are still left at the ...

Another Nigerian bank has hit the N500 billion recapitalisation target set by the Central Bank of Nigeria (CBN)The bank ...

The Central Bank of Nigeria has given lenders until the end of the week to submit plans to address capital shortfalls and ...

Nigeria’s economic potential is vast—it is home to over 220 million people, a growing tech sector, abundant natural resources ...

The Central Bank of Nigeria has not announced new cash denominations of 5,000 ($3.12) and 10,000 ($6.25) naira, contrary to widely viewed Facebook posts sharing a fake statement posing as one from ...

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What The Central Bank Of Nigeria's Directive To Banks On Increasing Capital Bases Means For Businesses. ... but on the non-bank financial system, made up of pension funds, stockbrokers, ...

Nigeria's central bank is concerned about the value of the naira and is making deliberate efforts to avert a further downward slide in the currency, it said on Friday. Skip to main content.

Increasing revenues, establishing an effective budget framework, and scaling up the cash transfer system can all support ...

Godwin Emefiele, governor of the Central Bank of Nigeria, is in “custody for some investigative reasons,” Nigeria’s secret police said in a statement without providing further details.

Suspended Nigerian Central Bank governor, Godwin Emefiele, made a public appearance in a Lagos court on Tuesday to face charges of illegal possession of a firearm and live ammunition.

Nigeria’s suspended Central Bank governor appeared in court on Tuesday in the economic hub of Lagos on charges of illegal possession of a firearm and live ammunition.. Godwin Emefiele was ...