Local Governments across the country are facing a fresh hurdle in their bid to receive their monthly allocations directly from the Federation Accounts. Each of the 774 local governments is now ...

Accounts of the European Central Bank's last meeting show it is committed to completing its 1.1 trillion-euro ($1.2 trillion) stimulus program. The bank launched the program in March, just as the ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Central bank digital currencies (CBDCs) have taken center ...

Central banks dominate headlines worldwide as they exercise immense influence over the global economy. Using various monetary tools — such as adjusting interest rates, conducting open market ...

All social media of Nigerian Bank has been deleted after the Central Bank of Nigeria approved the merger of Titan Trust and ...

The proposal builds on earlier discussions around so-called “skinny” master accounts, formalizing the idea of payment-only Fed access for non-bank firms. The Federal Reserve has opened the door to a ...

The Central Bank of Nigeria (CBN) has released guidelines for banks on digital assets, a sign the country's regulators are softening their stringent stance on crypto. The guidelines, publicized ...

DAMASCUS, Jan 27 (Reuters) - The Syrian central bank has ordered commercial banks to unfreeze accounts except those it has formally put controls on, such as those tied to businessmen linked to the ...

An investigation of Nigeria’s jailed former central bank Governor Godwin Emefiele has discovered hundreds of unauthorized overseas bank accounts, according to portions of the report seen by Bloomberg.

The measure also covers the issuance, renewal and replacement of Mada debit cards, including cases where cards are retained ...