Zenith Bank, one of Nigeria's tier-one banks, has reportedly increased its staff salaries and promoted about 4,000 of its ...

Currency swap agreements offer Nigeria a viable mechanism to mitigate foreign exchange pressures, ensure balance of payments, ...

The naira rose in value against the US dollar for the second day in the official window on Thursday, January 23, 2024, ...

Finance Minister Edun has ruled out IMF loans, citing Nigeria's positive trade balance, growing reserves, and cheaper ...

One of Nigeria’s largest banks, Zenith Bank, is set to increase staff salaries in January as galloping inflation continues to ...

Hon. Marilyn Dumkelechukwu Okowa-Daramola is a dynamic legislator, youth advocate and girl’s empowerment trailblazer. She was elected ...

There are indications that banks have begun the implementation of a daily withdrawal limit of N100,000 and a weekly limit of N500,000 on Point-of-Sale terminals.

Mr Olayemi Cardoso, on Thursday announced plans to establish a Compliance Department by February. Cardoso made the ...

Share 5.5% GDP growth rate achievable, says NESG The Governor of Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced the establishment of a new Compliance Department in the apex bank, which ...

Rising inflation, high interest rates, and naira depreciation could push an additional 13 million Nigerians below the national poverty line by 2025, according to a new report titled ‘2025 Nigerian ...

Banks are paying more to borrow money after the Nigerian Treasury bills auction reduced the cash available in the financial system.