A Nigerian civil society organization, Global Integrity Crusade Network (GICN), has filed a lawsuit at the Federal High Court ...

The Nigeria Deposit Insurance Corporation of Nigeria (NDIC) disclosed that it will commence the sale of Heritage Bank's ...

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

“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 ...

A man caused the collapse of an entire bank after selling his employer an imaginary airport for a whopping $242,000,000.

The forum was well-attended, with a selective group of participants from the Nigerian diaspora including industry leaders, ...

Nigeria’s biggest bank is considering selling dollar-denominated securities in the domestic market to fund its expansion ...

Nigeria's largest banks poised for stock rally due to record-high interest rates and increased net interest income. Central Bank of Nigeria's policy rate surge from 18.75% to 27.25% aimed at curbing ...

HOUSTON, Oct. 19, 2024 /PRNewswire/ -- The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), major Nigerian banking institutions ...

Amidst multiple points crises in the economy, the Governor of Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has said that he is committed to building a resilient apex bank that would address ...

HOUSTON, Oct. 31, 2024 /PRNewswire/ -- The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), Nigerian banks, and International Money Transfer ...