Dr Sidi Ould Tah, a renowned economist and national of Mauritania, has been elected as the new President of the African Development Bank (AfDB). He will take over from Nigeria’s …
Foreign exchange inflows into Nigeria through International Money Transfer Operators (IMTOs) rose sharply to $4.76 billion in 2024, representing a 44.49 per cent increase from $3.30 billion recorded in 2023. …
The Central Bank of Nigeria (CBN) has recorded a significant rise in investor interest at its most recent treasury bills auction, with total bids hitting N1.21 trillion, despite slightly reducing …
The Nigerian naira has shown consistent strength against the US dollar throughout the week, culminating in a notable appreciation on Friday, May 23, 2025.Data from the Central Bank of Nigeria …
Mida Technologies, a Nigerian loan recovery firm, is making waves in the country’s financial sector by adopting a unique model that combines technology with empathy—a strategy that is yielding a …
A Nigerian loan recovery company, Mida Technologies, says it is recovering up to 40 per cent of bad loans by using a human-focused approach supported by technology, breaking away from …
The Central Bank of Nigeria (CBN) has released a draft document to modernise how banks and other financial institutions fight money laundering. In a circular dated May 20, 2025, the …
Trading at the Nigerian Exchange Limited (NGX) closed on a positive note on Tuesday, as gains in 31 stocks, led by Nestle Nigeria Plc, added ₦21 billion to the market …
The Central Bank of Nigeria (CBN) has again warned the public to beware of fraudsters who are using its name to promote fake contracts, loans, and financial grants. In a …
Nigeria’s bond market is currently facing serious challenges as investor interest has dropped due to fear of rising interest rates and uncertainty in the economy. The Central Bank of Nigeria, …