CBN Halts Submission of New Loan Requests for Intervention Programs

The Nigerian Naira experienced a marginal decline against the U.S. dollar on Tuesday, December 12, 2023, with an intraday high...

Evolving Transformation In The Global Banking Industry

Nigeria Banking Index Soars by 95.35%, Outpacing Market as Optimism Prevails

The NGX Banking Index, a key benchmark capturing the performance of the banking sector, has witnessed a remarkable surge of...

Multinationals Exit Nigeria, Posing Threat to $1 Trillion Economy Goal

In the latter half of 2023, the Nigerian business landscape has witnessed the departure of at least five major multinationals,...

Nigeria’s Stock Market Records N1.81 Trillion Gain in July.

European Stocks Rise Despite Disappointing U.K. Growth Ahead of Fed Meeting

European stock markets experienced slight gains on Wednesday as investors navigated through disappointing U.K. growth data in anticipation of the...

CBN – FG incurred N930.8bn Fiscal Deficit in January and February 2023.

CBN Debunks Reports of Banks Failing Capital Adequacy Ratio Stress Test

The Central Bank of Nigeria (CBN) has categorically refuted media reports claiming that certain banks failed the Capital Adequacy Ratio...

CBN Suspends Access Bank, Zenith, UBA, and Others From Issuing New Loans.

The Central Bank of Nigeria (CBN) has mandated commercial banks, including Access Bank, Zenith, UBA, and others, to take charge...

Naira Appreciates by 27.16% Against Dollar in the Official Market

In a notable development on Monday, the Nigerian naira recorded a substantial appreciation of 27.16%, closing at N864.29 against the...

Investment Bankers Applaud CBN Reforms Amidst Challenges, Embrace Growth Opportunities

Nigeria’s External Reserves Dip by $520.22 Million in Five Weeks: CBN Highlights Economic Challenges

Recent data from the Central Bank of Nigeria (CBN) has revealed a significant drop of $520.22 million in the country's...

Naira vs Dollars: FGN Budget Soars in Naira, but Weakens Against the Dollar