Leading integrated payments and digital commerce companies, Interswitch, has announced a strategic partnership with the ...

MultiChoice Group Limited has written off $21m deposited in Nigeria’s Heritage Bank following the financial institution’s ...

Power Minister Adelabu has insisted that Nigeria must move from dialogue to action to resolve its enduring power crisis.

The Central Bank of Nigeria has revealed that Nigeria's external reserves have risen to their highest level since June 2022, ...

“In 2023, the Central Bank of Nigeria (CBN) also removed restrictions on the use of FX for the import of 43 groups of ...

“Following the revocation of Heritage Bank’s banking licence by the Central Bank of Nigeria on 3 June 2024 and its subsequent liquidation, the group wrote-off its receivable relating to the cash held ...

By Korede SOTUBO The emergence of Central Bank Digital Currencies (CBDCs) introduces transformative potential for international business, particularly by enhancing cross-border transaction efficiency, ...

The Central Bank of Nigeria (CBN) data on international payments shows that the Nigerian government spent $3.5 billion ...

The $134 million loan was secured from the African Development Bank. Around 25 million Nigerians face "acute ... Last month, ...

Lotus Bank Limited, a Nigerian non-interest bank, has said that it has met the Central Bank of Nigeria, CBN's, minimum capital requirement even before the apex bank raised the new threshold. Speaking ...

BT Payment Services Nigeria Limited (BT Payment) announced it has been granted a payments service provider (PSSP) licence by the Central Bank of Nigeria. It now offers Nigerian naira collections and ...