The Central Bank of Nigeria has not announced new cash denominations of 5,000 ($3.12) and 10,000 ($6.25) naira, contrary to ...

Nigeria’s private sector credit extension remains significantly lower than that of its sub-Saharan African peers, despite ...

The World Bank says the policy reforms by the Central Bank of Nigeria (CBN) have led to a more stable naira recently.

World Bank, and International Finance Corporation (IFC) will meet with the Nigerian team to discuss debt restructuring.

As a result of these policies, improved foreign exchange liquidity and reduced volatility have led to a more stable naira so far this year,” the World Bank said.

The Central Bank of Nigeria (CBN’s) decision to embark on recapitalisation of banks was to align monetary, fiscal policies ...

A Nigerian man defrauded a Brazilian bank of $242 million and sold a fake airport, one of the largest financial frauds of the ...

Chairman of the Senate Committee on Finance, Senator Sani Musa (APC, Niger East), has commended the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, and his team for the international ...

The World Bank has projected that Nigeria’s economy will grow by 3.6% in 2025, building on an estimated 3.4% expansion ...

As policymakers, investors, and international financial institutions converge in Washington D.C. for the 2025 Spring Meetings of the International Monetary Fund (IMF) and World Bank, Nigeria’s ...

Sub-Saharan Africa, including Nigeria, will pay $20bn in debt interest in 2025, largely owed to private creditors, World Bank Says.

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