Central Bank of Nigeria (CBN) has said that 33 banks have met the revised minimum capital requirements established under the recapitalization programme. It said “A limited...
Centre for Promotion of Private Enterprises, CPPE, has expressed concern on the CBN not focussing on linking banks lending to the real economy. He said that...
FirstBank, has said its SMEConnect Webinar is scheduled to hold on Tuesday, 31 March 2026. The event will equip small and medium-sized enterprises (SMEs) with the...
The National Bureau of Statistics says total capital importation in Nigeria stood at $6.4 million in quarter four 2025. The NBS said in its Nigeria Capital...
A Federal High Court Justice Chukwujekwu Aneke has in Lagos held that the Central Bank of Nigeria (CBN) acted above its statutory authority in dissolving the...
The governor of the Central Bank of Nigeria, Olayemi Cardoso, has urged African financial regulators to strengthen cooperation in managing cross-border risks. Cardoso also restated the...
OPay has launched XtraCova, a new protection product that reimburses users for verified unauthorised transactions on the platform. The product launch reaffirms OPay’s customer-first philosophy and...
Zenith Bank Plc has announced the opening of a new branch in Manchester, United Kingdom, marking another significant milestone in the bank’s international growth and its...
Central Bank of Nigeria (CBN) has instructed commercial banks across Nigeria to prevent loan defaulters from obtaining new credit facilities. The directive was conveyed in a...
The National Insurance Commission has said that 20 insurance companies have applied for verification under the ongoing recapitalisation exercise. The July 31 compliance deadline remains unchanged....
Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, stated that the banking sector recapitalisation programme is progressing in accordance with the approved regulatory...
Oil remained within sight of multi-month highs on Wednesday as the U.S.-Israeli war on Iran disrupted Middle East energy flows, although prices pared gains after a...
Guaranty Trust Holding Company Plc has appointed Marie Namias as an independent non-executive director. The company, in a statement on Tuesday, said Namias, a French national,...
Ecobank Nigeria, a subsidiary of the leading pan-African financial services group Ecobank Group, has unveiled a significantly enhanced version of its multi-award-winning gender financing initiative, Ellevate...
Yields on Nigerian Eurobonds rose as African issuers confront significant selloffs from offshore investors seeking refuge amid escalating tensions in the Middle East. This selloff reflects...