Olayemi Cardoso, governor of the Central Bank of Nigeria, will have established a new Compliance Department within the apex bank.

IAS 29, titled Financial Reporting in Hyperinflationary Economies, provides accounting guidelines for countries experiencing hyperinflation.

Nigeria needs to double economic growth within the next year or two from an annualized rate of 3.5% in the third quarter to lift its population out of poverty, its finance minister told Reuters on ...

In line with CBN directives, please note that effective immediately, the daily withdrawal limit on PoS is now N100,000, while the weekly ...

Zenith Bank has initiated a comprehensive restructuring effort that includes a significant salary increase, particularly aimed at lower-level staff, with ...

Olayemi Cardoso, has announced the creation of a new Compliance Department within the bank, which is scheduled to become operational by the end of February 2025.

African fintech company, Moniepoint has secured funding of over $10 million from Visa, bringing its Series C raise to an excess of $120 million. The digital payment company explained that the ...

The Central Bank of Nigeria has countered the World Bank's 3.7 per cent economic growth outlook for Nigeria, stating the ...

Visa invests over $10 million in African fintech Moniepoint to support SME growth across Africa, including introducing ...

ShareWhat do we do to steady the naira to find its stable level in 2025 without fiscal discipline? It’s the economy, stupid!

Nigeria's central bank expects the economy to expand by 4.17% this year, Governor Olayemi Cardoso said on Thursday, driven by ...