UBA is inviting shareholders to take up more shares, as it issues 3.15 billion new shares to raise the money needed to meet CBN capital requirements.

Bismark Rewane, an economist and Chief Executive Officer of Financial Derivatives, says Nigeria's currency has stabilized. Rewane spoke during an ...

Zenith Bank Plc has hit a market capitalisation of N3 trillion, making it the second most capitalised bank, after CGTOC on the Nigerian Exchange Limited.

Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price updates.

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

The Central Bank of Nigeria (CBN) has commenced the sale of Treasury Bills, (TBs) to raise N1.76 trillion in the third ...

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

Index Rises 2.23% …Naira Strengthens Against Dollar Across Markets The Nigerian stock market extended its winning streak to ...

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.

Central Bank of Nigeria Governor Olayemi Cardoso said the rise in the bank's main lending rate to 26.75% from 26.25% was needed to tackle inflation.

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.