As the business combination between Ecobank Nigeria Plc and Oceanic Bank International Plc is rounded up, the management of Ecobank Transnational Incorporated (the parent company of Ecobank

Nigeria's central bank has reached the desired degree of stability for the country's naira currency and does not have a cause to be concerned over inflation due mostly to recent stability in its core

LAGOS (Reuters) - Nigeria's First Bank said on Friday it was on track to achieving a 15 percent target on loan growth before year-end and hoped to take advantage of the higher interest rate

ABUJA, Oct 14 (Reuters) - Nigeria's headline inflation rose outside the central bank's notional single-digit target in September, data showed on Friday, despite six official interest rate rises

Finance Minister, Dr. Ngozi Okonjo-Iweala recently announces that the country was on the verge of securing a loan of $550 million from the World Bank to revamp the Agricultural Sector and also

  Nigeria’s naira gained the most in two years against the dollar in interbank trading after the central bank stopped foreign-currency purchases by oil-exporting companies at its

Michael Eboh, 6 October 2011 Lagos — The Central Bank of Nigeria, CBN, said, yesterday, that the cost of processing, handling and managing cash, if not checked, will cost Nigeria about N192

Inflation in Nigeria, Africa’s biggest oil producer, stayed near the limit of a central bank target and the economy expanded 7.72 percent in the second quarter, keeping pressure on the bank to

Standard Chartered Bank Nigeria (StanChart) said it has opened a new branch in Lagos state due to the growth recorded in its operations. A statement from the bank also said that the move was

Nigeria's Central Bank Governor Lamido Sanusi Jerome Favre/Bloomberg Nigeria's Central bank Governor Lamido Sanusi, who has raised the benchmark rate four times this year to 8.75 percent, is