The World Bank may approve a total of $1.13bn in loans for Nigeria before the end of March 2025 as part of ongoing efforts to support the country’s economic resilience, health security, and education ...
Despite an improved supply of foreign exchange, Nigeria’s fulfilment of Letter of Credit payments plummeted by 33.28 per cent in the 12 months of 2024 compared to the same period in the previous year.
It is not clear why Nigerian authorities linked the purchase of National Bank to the divestiture of Access Bank in DRC and ...
This was according to a report by KPMG and blockchain analytics firm Chainalysis, which highlighted the growing role of ...
THE Central Bank of Nigeria’s order to bank directors with non-performing insider-related loans to step down as part of new ...
First hold after six hikes last year Central bank notes stability in FX market Encouraged by rebased CPI but wants more data ABUJA, Feb 20 (Reuters) - Nigeria's central bank left its benchmark ...
Nigeria’s central bank sold short-term debt at the lowest yield in more than a year, hardening expectations it is ready to pause aggressive interest-rate hikes when the monetary policy committee ...
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Binance’s Head of Financial Crime Compliance, Tigran Gambaryan, has refuted claims made by the Central Bank of Nigeria regarding the alleged outflow of $26 billion from the country through the ...
Nigeria spent $817.4m, approximately N1.26 trillion, to service its debt in the first two months of 2025. This represents a 3.12 percent decline when compared to $843.73 million spent in the ...
The Lagos State Special Offences Court in Ikeja had ordered the forfeiture of 6.3 billion units of ordinary shares of Keystone Bank Limited, valued at N1 per share, to the Federal Government of ...