The Central Bank of Nigeria (CBN) has uncovered a new fraudulent scheme involving fake SWIFT messages and has warned Nigerians…
Experts are raising alarms as Nigeria's currency, the Naira, continues to decline, with the exchange rate soaring to ₦1,740/$1 in…
In July 2024, commercial and merchant banks closed 23.3 million customer accounts. This marks a 0.56% month-on-month increase from the…
The naira experienced a significant decline against the dollar in the foreign exchange market following the Central Bank of Nigeria's…
The Economic and Financial Crimes Commission (EFCC) informed a federal high court in Lagos that no individual has come forward…
The Central Bank of Nigeria (CBN) has authorized the sale of $20,000 to each Bureau De Change (BDC) operator at…
The naira fell against the dollar in both official and parallel foreign exchange markets, ending the week on a low…
The Economic and Financial Crimes Commission (EFCC) has lodged a fresh charge at the High Court of the Federal Capital…
The Central Bank of Nigeria has increased the maximum weekly limit for cash withdrawals across all channels by individuals and…