President Bola Tinubu has given a fresh update on the federal allocations going to state and local governments amid the controversies on the councils' autonomy.
Titan Trust Bank has ceased operations after merging with Union Bank following approval from the Central Bank of Nigeria, with all customer accounts now transferred.
The Central Bank of Nigeria has confirmed that 16 banks have met recapitalisation targets ahead of the deadline, emphasizing financial sector stability.
The African Development Bank has approved a new $500 million loan for Nigeria, to support the country's ongoing energy reforms and fiscal policy improvements.
The naira has strengthened against the dollar as the Central Bank of Nigeria speaks on improved stability, narrowing market gaps, and growing investor confidence.
A House of Representatives committee has warned that Nigeria’s digital payment systems are vulnerable to cybercrime after its investigation into online payments
Get ready for Traders Fair 2026 in Lagos! Nigeria’s biggest trading event offers expert seminars, networking, and insights to ignite the finance community.
From January 2026, Nigeria’s new tax reforms will reduce burdens for individuals, SMEs, and large companies, removing VAT on essentials and lowering overall taxes.
The CBN retained the Monetary Policy Rate at 27%, keeping other key indicators unchanged, meaning Nigerian borrowers must wait longer for cheaper loans.
The Central Bank of Nigeria (CBN) has released a new naira exchange rate against the US dollar, British pound, and euro, marking a key shift in the forex market.
Money in circulation in Nigeria has surged by 75.9% in two years, rising from N66.94 trillion in September 2023 to N117.78 trillion in September 2025.
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