Nine leading Nigerian banks collectively generated N14.26 trillion in interest income in 2024, reflecting a 119.55% increase from N6.49 trillion in 2023. This surge...
The House of Representatives Public Accounts Committee has directed Remita, a financial technology firm, to refund N182.77 billion to the federal government. The sum...
The Central Bank of Nigeria (CBN) has raised concerns over a significant rise in loan defaults among large Private Non-Financial Corporations (PNFCs) and Other...
Central Bank of Nigeria (CBN) has announced a remarkable $6.83 billion balance of payments surplus for 2024, marking a decisive turnaround from deficits of...
The Nigerian naira experienced a significant depreciation against the U.S. dollar from March 28 to April 4, 2025, following the announcement of new tariffs...
Fidelity Bank Plc is making impressive strides on its path to fulfilling the recapitalization targets set by the Central Bank of Nigeria (CBN). With...
Number of dormant accounts in Nigerian banks has risen to over 19.69 million, according to the dormant account database released by the Nigeria Inter-Bank...
Central Bank of Nigeria, CBN, has retained the Monetary Policy Rate, MPR, as its benchmark interest rate at 27.5%.Nigerian home decor ideas Governor of...