A delegation of eight officials from the Development Bank of Nigeria (DBN) recently concluded a five-day study visit to the African Development Bank headquarters (www.AfDB.org) in Abidjan, Cote ...

The Central Bank of Nigeria has dismissed bankruptcy claims making the rounds on social media about a Nigerian bank, Fidelity. In a statement on Monday by the apex bank’s acting spokesperson ...

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the country’s interest rate at 27.50 per cent for the second time in 2025. The monetary policy rate has ...

The Supreme Court of Nigeria has upheld the rulings of both the High Court and the Court of Appeal in a protracted legal dispute between Fidelity Bank Plc and Sagecom Concepts Limited, an Ibadan ...

A view shows Nigeria’s Central Bank headquarters in Abuja, Nigeria November 22, 2020. Picture taken November 22, 2020. REUTERS/Afolabi Sotunde//File Photo ABUJA, May 20 (Reuters ...

The Central Bank of Nigeria Monetary Policy Committee has retained the country’s interest rate at 27.50 percent. The governor of CBN, Olayemi Cardoso, disclosed this in a press briefing on ...

The Central Bank of Nigeria (CBN) yesterday said Nigerian banking sector remains resilient, safe, and sound. The clarification follows certain publications and social media reports containing ...

The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS) has launched the Non-Resident Bank Verification Number (NRBVN) platform. The innovative ...

Fidelity Bank Plc has rejoined the group of Nigerian companies with a market capitalisation of N1tn, following a 5.3 per cent rise in its share price from N19.95 to N21.00 at the close of trading ...

ABUJA, May 20 (Reuters) - Nigeria's central bank kept its benchmark interest rate unchanged on Tuesday for the second time in a row, as expected, noting relative improvements in key macroeconomic ...

Preparations are in full swing for the take off of the African Energy Bank (AEB), as key stakeholders intensify efforts to ensure a successful commencement of operations. The AEB, with initial ...

The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), has launched the Non-Resident Bank Verification Number (NRBVN) platform, enabling ...