Tag: Central Bank of Nigeria (CBN)

First City Monument Bank (FCMB) Group Plc has hit a major milestone in Nigeria’s sweeping banking sector recapitalisation effort, successfully ...

Non-financial assets held by Nigeria’s microfinance banks have climbed to a record ₦358.787 billion as of June 2025, according to ...

In the third quarter of 2025, Nigeria’s economic data delivered a headline figure that sparked cautious optimism: a balance of ...

The Nigeria Deposit Insurance Corporation (NDIC) has taken another important step in reimbursing customers affected by the closure of Heritage ...

The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have jointly launched a groundbreaking consumer protection policy ...

United Bank for Africa (UBA) has achieved a major financial milestone by raising ₦178.3 billion through a recent rights issue, ...

Nigeria’s financial landscape is currently defined by a striking paradox: while the Central Bank of Nigeria (CBN) has engaged in ...

In a surprising turn of events for Nigeria's financial sector, the naira demonstrated resilience and strength across all foreign exchange ...

In a major consolidation within the African tech ecosystem, Africa’s largest fintech unicorn, Flutterwave, has officially acquired Nigerian open banking ...

Nigeria’s external sector is expected to show a remarkable improvement in 2026, with the current account surplus projected to reach ...