Tag: CBN

Shareholders of Jaiz Bank Plc have approved plans to raise up to N150 billion in fresh capital, paving the way ...

Nigeria’s digital infrastructure sector is poised for a significant transformation following the Central Bank of Nigeria’s (CBN) directive requiring banks, ...

Jaiz Bank Plc is preparing to introduce a new suite of collateral-free financing products for small and medium-sized enterprises (SMEs) ...

Nigeria’s cash-based economy remains strong despite ongoing efforts by the Central Bank of Nigeria (CBN) to encourage digital payments and ...

The amount of cash circulating outside Nigeria’s banking system increased to N5.193 trillion in May 2026, according to the latest ...

Nigeria’s financial landscape is undergoing a major transformation, with digital payments becoming a vital part of everyday life and economic ...

Nigeria’s foreign exchange market remained under pressure last week, with the naira depreciating in the official window even as the ...

Global financial markets experienced mixed performances last week as easing tensions in the Middle East pushed oil prices lower, while ...

Nigeria imported crude oil worth $1.39 billion during the first quarter of 2026, marking a significant increase as local refineries, ...

Fraudsters siphoned an estimated N134 billion from Nigerian banks and their customers, underscoring the growing threat posed by financial crime ...