An Arbitration Tribunal sitting in Lagos has ordered SANEF Creatives Ltd, a company owned by Bankers' Committee of the Central Bank of Nigeria, CBN, to pay the sum of N19.4 billion to Hanson Dredging ...

The Federal High Court in Lagos has reportedly ordered that the assets of $225m linked to Nduka Obaigbena and others, ...

Some First Bank Shareholders have revealed that they support Femi Otedola's position as Chairman, saying the call for his ...

As Nigeria concludes its 2024 fiscal year, one of the most remarkable economic trends is the sustained growth of remittances from its vibrant diaspora community. With an estimated $23.4 billion in ...

First Bank had obtained a court order restraining banks in Nigeria from dealing in all monies and assets due to Mr Obaigbena.

The bank said it would no longer approve any such requests from authorised dealers acting on behalf of their customers.

The Central Bank of Nigeria (CBN) has made several money deposit banks in Nigeria refund N7.05 billion and $714,569.03 to ...

The NPF says it has detained an officer seen in a viral video seemingly abusing the naira in cahoots with the sons of Razaq ...

The Arewa Youth Assembly (AYA) has asked the Central Bank of Nigeria (CBN) to reconsider its exit package affecting 1,000 ...

The People's Republic of China Government says it would consider Nigeria’s request to expand the bilateral currency swap ...

Nigeria’s President Bola Tinubu has introduced far-reaching economic reforms. They are unlikely to improve the living ...