The Nigerian government has responded to the UK's advice for its citizens to avoid travel to six states, including Katsina and Adamawa, due to security concerns.
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 value of the Nigerian currency, the naira, has improved against the United States currency in the Nigerian Foreign Exchange Market (NFEM) after days of losses.
NOVA Bank has announced a record profit following its transition from a merchant bank to a retail bank, after receiving approval from the Central Bank of Nigeria.
The African Development Bank forecasts mixed performance for African currencies in 2025, with the naira and cedi expected to decline amid global uncertainties.
Nigeria is set to get another commercial bank operating in the country, as Abbey Mortgage Bank is working towards transitioning and has started raising funds.
Currency traders and the CBN have revealed that the value of the naira dropped against the US dollar, pound, euro in official and unofficial exchange markets.
Tony Elumelu has purchased over 45 million UBA shares as the bank prepares to raise its capital base to N500 billion in line with CBN’s directive.
The Dangote Petroleum Refinery, and the Nigerian National Petroleum Company Limited (NNPC) have made adjustment to their petrol prices nationwide.
The Central Bank of Nigeria has provided its latest exchange rate for the naira against the United States dollar and other foreign exchange currencies.
The Central Bank of Nigeria has unveiled a new tool for Islamic banks in Nigeria, which includes three fully-fledged Islamic banks and two conventional banks.
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