Analysts have attributed Nigeria’s recent slip to the fourth largest economy in Africa to the whopping devaluation of the ...

Despite rising interest rates, Nigerians’ reliance on credit facilities has remained strong, with personal loan obligations to banks standing at N2.39tn as of January 2025.The Central Bank of Nigeria, ...

The Central Bank of Nigeria (CBN) has raised a total of N804.85bn at its Open Market Operations auction conducted on Monday, ...

The Central Bank of Nigeria (CBN) recorded a historic N498.2 billion loss in 2024, driven primarily by a N9.4 trillion ...

FRC affirms Nigeria hasn’t entered hyperinflation, and IAS 29 won’t apply to 2025 financial statements despite prevailing ...

The lenders surveyed include Zenith Bank Plc, United Bank for Africa (UBA) Plc, Access Holdings Plc, FCMB Group Plc, Stanbic ...

The Central Bank of Nigeria (CBN) has reported a profit after tax of ₦38.8 billion for the 2024 financial year, bouncing back from a record ₦1.55 trillion loss in 2023. The figures were disclosed in ...

By Thompson Rexmond KOTEY The Governor of the Bank of Ghana, Dr. Johnson Pandit Asiamah at the recent Africa Leaders and ...

The Central Bank of Nigeria has raised a total of N804.85bn at its Open Market Operations auction conducted on Monday, April ...

Access Bank announced it had increased its share capital to N600 billion after raising more cash from a share sale to ...

Ten Nigerian commercial banks collectively paid N987.40 billion in corporate income tax in 2024, according to their financial ...