At the last meeting in September, the monetary authorities extended the bench- mark rate to 27.25%, a new record ...

Data from the Central Bank of Kenya (CBK) shows that profits have increased from $1.09bn during the same period last year, signalling the resilience of the banking sector ...

Short-term interest rates in Nigeria’s banking system have increased due to a shortage of available cash in the financial market.

FCMB Group Plc reported a 54 percent surge in its gross earnings, driven largely by a strong performance in net trading ...

First City Monument Bank (FCMB) Group has disclosed that its company listed 19.8 billion shares on the Nigerian Exchange ...

The Nigeria Inter-Bank Settlement System (NIBSS) has unveiled significant upgrades to its Nigeria Quick Response (NQR) payment system, designed to ...

The naira appreciated to N1,550 per dollar at the parallel section of the foreign exchange (FX) market on Thursday.

The Central Bank of Nigeria has released the latest exchange rates for the Naira against other currencies as the value of the ...

The Lagos Chamber of Commerce and Industry has asked the federal government to suspend its plan to implement a 4% customs ...

Kayode Fayemi, former governor of Ekiti state, says President Bola Tinubu has good intentions for Nigeria — but they are not enough to guarantee success.

The value of the dollar has depreciated significantly in the official and unofficial foreign exchange marketsNew data showed ...

The Central Bank of Nigeria (CBN) has threatened to revoke the licences of banks and other foreign exchange traders, ...