The Central Bank of Nigeria (CBN) has confirmed the successful conclusion of its banking sector recapitalisation programme, which was launched in March 2024 to strengthen the...
The Nigerian Communications Commission (NCC) and telecom operators are currently at odds over a directive mandating compensation for subscribers affected by poor network services. The Commission...
Nigeria’s external sector came under pressure in 2025, as the country’s Balance of Payments (BOP) surplus declined sharply by 38.1 per cent to $4.23 billion, down...
The Central Bank of Nigeria (CBN) has warned that banks which fail to comply with its directive restricting loan defaulters from accessing further credit facilities will...
As of March 12, 2026, no fewer than 30 out of the 35 banks operating in Nigeria have met the recapitalisation requirement set by the Central...
The Court of Appeal Nigeria sitting in Abuja has set aside a N38.88 billion judgment previously awarded against the Central Bank of Nigeria (CBN) in a...
The Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) by 50 basis points to 26.5 per cent, signalling a slight shift in...
Nigeria’s broad money supply (M²) rose by 1.2 per cent month-on-month to N124.4 trillion in December 2025, up from N122.9 trillion recorded in November, according to...
The Central Bank of Nigeria (CBN) has directed banks and non-bank acquirers to implement multi-factor authentication for foreign card transactions exceeding $200 per day, as part...
The Central Bank of Nigeria (CBN) on Tuesday announced a sweeping review of its cash-handling rules, removing the long-standing limit on cash deposits and raising the...
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