Nigeria’s recent monetary tightening has significantly boosted banks’ interest income, with lenders collectively earning about ₦15.4 trillion, according to a…
Browsing: CBN
United Bank for Africa (UBA) has announced an extension of the deadline for its ongoing rights issue, giving shareholders additional…
The Central Bank of Nigeria (CBN) has directed that all Point of Sale (PoS) terminals across the country be geo-tagged…
Nigeria’s foreign exchange reserves have recorded a significant boost, gaining about $900 million within a three-day period, marking one of…
The Central Bank of Nigeria (CBN) has issued a directive to all financial institutions in the country, mandating them to…
The Central Bank of Nigeria (CBN) has intensified its efforts to protect bank customers and ensure fair treatment in the…
Nigeria’s foreign reserves have reached a level that could finance up to 10 months of the nation’s import bill, according…
Nigeria’s banking sector has emerged as the top destination for capital inflows into the country, attracting more than half of…
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and the Governor of the Central Bank…
Nigeria’s headline inflation rate slowed to 21.88% in July, according to the latest data released by the National Bureau of…
The Central Bank of Nigeria (CBN) has called on Nigerians to promptly report any commercial bank or financial institution found…
Nigeria’s banking sector attracted more than half of total capital inflows into the country in the first half of 2025,…
The Central Bank of Nigeria (CBN) has unveiled an ambitious plan to revitalise its central bank digital currency (CBDC), the…
The Central Bank of Nigeria (CBN) has intensified its drive to deepen financial inclusion in the country by organising a…
The Central Bank of Nigeria’s (CBN) recently introduced Non-Resident Bank Verification Number (BVN) policy is being tipped by financial experts…
The Central Bank of Nigeria (CBN) has indicated that it may take legal action against parties found to have violated…
The Central Bank of Nigeria (CBN) has reiterated its commitment to building a robust and resilient banking sector as the…
Banks’ deposits with the Central Bank of Nigeria (CBN) have skyrocketed by 783 percent year-on-year, rising to a record ₦79.8…
KPMG Nigeria has called on financial institutions across the country to accelerate their readiness for open banking, warning that the…
Nigeria’s recent decision by the Central Bank’s Monetary Policy Committee (MPC) to raise the benchmark interest rate has thrust currency…