Investors are increasingly reallocating funds to short-term debt instruments as elevated bond yields and persistent inflation continue to shape Nigeria’s fixed-income market. Market analysts believe the...
The Central Bank of Nigeria (CBN) has reaffirmed that the standard ₦100 banknote remains legal tender across the country, warning individuals, businesses and financial institutions against...
The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks (MFBs) with effect from July 1, 2026, citing persistent regulatory violations,...
Stanbic IBTC Holdings Plc has announced that it will publish its audited financial statements for the half year ended June 30, 2026, on or before August...
Despite rapid growth in electronic payments and fintech adoption, Nigeria’s economy remained heavily cash-driven in May 2026 with most currency in circulation held outside the banking...
Shareholders of First HoldCo Plc have approved plans to raise up to ₦253.1 billion in fresh capital as the financial services group intensifies efforts to strengthen...
Central Bank of Nigeria (CBN) has retained all key monetary policy parameters at the conclusion of the 305th Monetary Policy Committee meeting as policymakers continued efforts...
The Central Bank of Nigeria (CBN) has cautioned state governments against excessive dependence on overdrafts and short-term debt facilities as the apex bank intensifies preparations for...
The Central Bank of Nigeria (CBN) has announced that 30 commercial banks have met the revised minimum capital requirements under the ongoing banking sector recapitalisation programme....
The Central Bank of Nigeria (CBN) has added responsibly sourced gold refined to London Bullion Market Association (LBMA) Good Delivery standards to Nigeria’s foreign reserves, bringing...