Zenith Bank Plc has hit a market capitalisation of N3 trillion, making it the second most capitalised bank, after CGTOC on the Nigerian Exchange Limited.

Stanbic IBTC Bank has announced that it has hit the N200 billion recapitalisation target set by the Central Bank of Nigeria ...

But the Bank for International Settlements, the umbrella body for central banks, last month warned that the unchecked rise of stablecoins could threaten the public’s trust in money, imperil monetary ...

The Central Bank of Nigeria has given lenders until the end of the week to submit plans to address capital shortfalls and ...

Markets Nigeria's Central Bank Digital Currency Pilot to Start Oct. 1 Rakiya Mohammed, the bank's information technology director, revealed the date during a private webinar on Thursday.

Nigeria's central bank is concerned about the value of the naira and is making deliberate efforts to avert a further downward slide in the currency, it said on Friday.

Nigeria's central bank said on Monday it had revoked the banking licence of unlisted lender Heritage Bank Plc due to a breach of banking regulations.

Suspended Nigerian Central Bank governor, Godwin Emefiele, made a public appearance in a Lagos court on Tuesday to face charges of illegal possession of a firearm and live ammunition.

Nigeria’s central bank chief arrested after being suspended by president Emefiele’s arrest culminates months of investigation into his office by Nigeria’s Department of State Services.

Nigeria’s economic potential is vast—it is home to over 220 million people, a growing tech sector, abundant natural resources ...

A senior aide to Nigerian President Bola Tinubu urged the central bank to pay attention to the political impact of its decisions, amid a public backlash over the fallout from recent economic reforms.

The Central Bank of Nigeria (CBN) has commenced the sale of Treasury Bills, (TBs) to raise N1.76 trillion in the third ...