Nigeria’s central bank is to introduce fees for cash withdrawals above a certain limit, while lifting limits on the amounts customers can deposit at the country’s lenders.

The Nigerian, Ghanaian and Kenyan currencies are expected to be steady against the dollar in the next week to Thursday, while ...

The Nigerian government has officially withdrawn all money laundering charges against Binance executive Tigran Gambaryan, who had been held in detention since April. What Happened: The decision was ...

Nigeria's money spraying culture goes back generations. It has become the highlight of every festive event. But the government has started enforcing a ban — with threats of fines and imprisonment.

Nigeria’s broad money supply (M3) increased to N119.04 trillion in October 2025 from N117.78 trillion in September. The ...

According to reports, the digital currency platform has been sluggish as less than 0.5 per cent of Nigerians are using it after a year of its launch, despite discounts to encourage its adoption. The e ...

ABUJA (Reuters) - Nigeria's central bank has sold nearly $200 million to support the naira currency after President Donald Trump's tariffs sent shockwaves through global markets, the bank said on ...

Two of Africa's biggest economies are taking drastic measures to stabilize those economies. In recent months, Ethiopia and Nigeria have been facing severe inflation, mounting debt and trouble ...

Nigeria’s central bank and the International Finance Corp. signed an agreement to facilitate local-currency financing, hoping to boost demand for naira while helping firms to avoid the the ...

It is common knowledge that money makes the world go round, but have you ever wondered what Nigeria used as a means of trade and exchange before we had the naira in our wallets or even bank apps on ...

JOHANNESBURG, Sept 9 (Reuters) - When Nigeria's central bank lifted an anti-"hot money" rule for foreign bond holders in July, the hope was it would encourage greater capital inflows and help ...