The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit at the Federal High Court in Lagos, seeking ...

Nigeria's central bank left its benchmark interest rate unchanged on Thursday after six hikes last year, saying that it was ...

Nigeria's central bank held its benchmark lending rate at 27.50%, its governor Olayemi Cardoso said on Thursday. The decision ...

Mr. Olayemi Cardoso, has reaffirmed the bank’s commitment to strengthening economic cooperation between Nigeria and the Kingdom of Saudi Arabia.

“Directors with non-performing insider-related facilities are required to step down immediately from the board, while the ...

Managing director and chief executive of the Nigeria Deposit Insurance Corporation (NDIC) Bello Hassan has assured that with ...

Financial institutions are required to display key details such as the names of individuals authorized to operate the ...

The Central Bank of Nigeria sold 704 billion naira ($467 million) of one-year bills at a yield of 18.43%, the lowest since an auction on Jan. 24, 2024, with investors offering to buy 3.26 times ...

The CBN has ordered commercial bank directors with non-performing insider related loans, to step down immediately. This was ...

The apex bank reached the decision in its latest Monetary Policy Committee meeting, the 299th. The Central Bank of Nigeria has announced retaining Monetary Policy Rate at 27.50%. The apex bank ...

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 ...

ABUJA (Reuters) - Nigeria's central bank held its benchmark lending rate at 27.50%, its governor Olayemi Cardoso said on Thursday. The decision follows six rate hikes last year totalling 875 basis ...