Nigeria's naira < > is expected to depreciate further next week as foreign investors sell local assets amid global risk ...

The Nigerian government has officially withdrawn all money laundering charges against Binance executive Tigran Gambaryan, who had been held in detention since April.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 and Kenya have emulated Ghana and have now joined the growing trend of African central banks moving to buy gold to ...

WASHINGTON (AP) — An American cryptocurrency executive held in Nigeria for the past eight months has been released after authorities there announced they were ending his money laundering trial on ...

CORRECT (Feb. 20, 14:35 UTC): Corrects attribution throughout. An earlier version said the information came from Binance. Nigeria's Federal Inland Revenue Service (FIRS) is suing Binance for $79.5 ...

Nigeria’s broad money supply surged to N119.52 trillion in August 2025, marking a sharp increase from N117.4 trillion recorded in ...

Throwing money at couples during their wedding dance is a beloved tradition in Nigeria. And, in fact, money spraying, as it's called, also happens at other celebrations where people want to show ...

Nigeria’s financial system recorded notable shifts in August 2025, with broad money (M3) expanding even as government borrowing dropped sharply ...

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.