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

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

The Central Bank of Nigeria has warned that rising input costs across key sectors could spark a new wave of consumer price inflation, as businesses continue to absorb cost pressures that may soon ...

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

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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.

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, ...

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 ...

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

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.

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 ...

ABUJA, Nigeria (AP) — Nigeria’s central bank chief has been arrested hours after being suspended from office by the country’s new president, authorities said Saturday. Godwin Emefiele ...