The amount dropped by $435.51m from $1.31bn total letter of credit payments made via official channels in 2023 to $873.1m in ...

It is a hard road to travel. Hated. Adored. Never Ignored. That is a slogan among fans of Manchester United Football Club.

This was according to a report by KPMG and blockchain analytics firm Chainalysis, which highlighted the growing role of ...

When a bank transfer is initiated through NIP, the request is sent instantly to the recipient’s bank, and funds become ...

To strengthen its operations and regulatory oversight, the Central Bank of Nigeria (CBN) recently followed a rigorous path, which included engaging the services of a global consultancy firm, Pricewate ...

This surge represents a sharp contrast to Thursday’s close of N1,547.82 per Dollar, signaling renewed optimism among traders ...

By Okanga Agila In the not-so-distant past, Nigeria’s economy was a fragile patient, clinging to life support. The symptoms ...

The Central Bank of Nigeria, CBN, disclosed this today in its Purchasing Managers Index , PMI, Report for February 2025.

The naira on Friday fell to a new low of N1,590 in the parallel market also known as black market following shortage of ...

The Central Bank of Nigeria (CBN) has called for immediate action to curb the practice due to the growing trend of illicit ...