A man caused the collapse of an entire bank after selling his employer an imaginary airport for a whopping $242,000,000.

From N87.4 trillion in September last year, Nigeria’s debt profile surged by about N47 trillion in one year, a debt ...

Jerome Powell, Chairman of the United States Federal Reserve, firmly dismissed speculation about his position as Donald Trump ...

The forum was well-attended, with a selective group of participants from the Nigerian diaspora including industry leaders, ...

Despite a challenging macroeconomic environment, the bank demonstrated resilience, achieving a triple-digit growth rate of ...

A real estate expert and Chief Executive Officer (CEO) of Manroe Realty Limited, a real estate company, Dr. John Edumoh has stated that the current drive by the Central Bank of Nigeria to recapitalize ...

Nigeria's largest banks poised for stock rally due to record-high interest rates and increased net interest income. Central Bank of Nigeria's policy rate surge from 18.75% to 27.25% aimed at curbing ...

Nigeria’s biggest bank is considering selling dollar-denominated securities in the domestic market to fund its expansion ...

Africhange, a leading cross-border remittance service provider, announced today that its Nigerian subsidiary, Currenzo, has secured the International Money Transfer Operator [IMTO] licence from the ...

HOUSTON, Oct. 19, 2024 /PRNewswire/ -- The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), major Nigerian banking institutions ...