The Nigerian government has officially withdrawn all money laundering charges against Binance executive Tigran Gambaryan, who had been held in detention since April.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

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that Nigeria is developing a new framework to enable the use of national currencies in bilateral trade settlements. Speaking at a ...

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.

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. But ...

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 ...

Nigerian Customs has intercepted undeclared foreign currencies worth about N2.28 billion from an Austrian national, Mr Kavlak Onal. The money ...

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 ...