Mr Yemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), says cross-border payments are becoming the backbone of the international monetary and financial system globally.

ICPC Detains El-Rufai After Release From EFCC’s Custody The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has taken…

South Korean Court Hands Life Sentence to Ex-President Yoon A South Korean court on Thursday sentenced former president Yoon Suk…

FAAN Bans Cash Transactions for Revenue Payments Effective Feb. 28 The Federal Airports Authority of Nigeria (FAAN) has banned cash…

The global crypto market dropped by about 2% in the last 24 hours to $2.3 trillion on Thursday, primarily driven by a hawkish Federal Reserve policy signal.

Oil prices eased in the global commodity market on Thursday as the U.S. and Iran completed second round of nuclear talks, with reports signaling significant progress has been made.

The Central Bank of Nigeria (CBN) reduced the spot rate on 1-year treasury bills below 16% at the primary market auction on Wednesday due to excess subscription on the naira curve.

Money market rates showed mixed trends, with the overnight rate increasing 3 basis points (bps) to 22.83%, while the open repo rate remained unchanged at 22.50%. 

Tinubu Orders NNPC to Remit Oil Income to Fed. Acct. Directly President Bola Tinubu has ordered the immediate suspension of…

Seplat Energy and Zenith Bank were among the risers in the stock market, driving momentum in the Nigerian Exchange (NGX) on Wednesday, boosting key performance indicators by 56 basis points.