A liquidity crisis might be brewing as data shows that banks borrowing from CBN has grown almost five times within one week, as deposits crash within the period.

Keystone Bank has confirmed that it is now fully owned by the Federal Government of Nigeria.The bank disclosed this in a statement on its X account (formerly Twitter) Tuesday evening, following a ...

CBN has eliminated the three free monthly withdrawals previously granted to customers using other banks’ automated teller machines ...

Nigeria's foreign exchange reserves have declined by $1.19 billion as the Central Bank of Nigeria (CBN) battles to stabilise ...

Keystone Bank has confirmed that it is now fully owned by the Federal Government of Nigeria, stating that the takeover will ...

Keystone Bank Limited has clarified media report of a judgement by the Lagos State Special Offences Court, sitting in Ikeja, Lagos, on Tuesday, February 11, ...

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

Nigeria is set to welcome its first fully compliant stablecoin, cNGN, licensed by the CBN and the SEC. Stablecoins are ...

Nigeria is set to witness the launch of its first-ever licensed stablecoin cNGN. According to reports, the stablecoins will ...

Wema Bank’s story began in 1945 when it was established as Agbonmagbe Bank Limited by Chief Mathew Adekoya Okupe, a prominent ...

In its craving for best practices in the financial sector, the Central Bank of Nigeria (CBN) officially launched the foreign ...