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

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.

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

Godwin Emefiele, governor of the Central Bank of Nigeria, is in “custody for some investigative reasons,” Nigeria’s secret police said in a statement without providing further details.

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. Skip to main content.

A court in Nigeria’s capital city Abuja has ordered the Central Bank to unblock the accounts of 20 people who were involved in the #EndSARS protests which rocked the country last October.

In Nigeria, citizens have taken to the streets to protest the nation’s cash shortage, further objecting to their government’s implementation of a central bank digital currency (CBDC).The ...

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.

ABUJA, June 3 (Reuters) - 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.

ABUJA, Nigeria (AP) — Nigeria’s central bank chief has been arrested hours after being suspended from office by the country’s new president, authorities said Saturday. Godwin Emefiele ...