CBN Tightens Oversight on Forbearance-Affected Banks to Bolster Financial Stability
The Central Bank of Nigeria (CBN) has placed banks still operating under forbearance measures under stringent supervision to strengthen the...
Nigeria Launches N50 Billion Green Bond to Fund Climate-Friendly Projects
The Federal Government of Nigeria, through the Debt Management Office (DMO), has introduced a N50 billion Green Bond to finance...
CBN Crackdown: Nigerian Banks Face Dividend Freeze Until 2028
A recent Renaissance Capital (Rencap) research note, titled “Nigerian Banks, Cash is King,” has shed light on the significant exposure...
Israel-Iran Conflict Poses Mixed Economic Impacts for Nigeria
The brewing conflict between Israel and Iran is sending shockwaves through global markets, and Nigeria, as a major oil-exporting nation,...
NGX and SEC Strengthen China Ties to Boost Nigeria’s Capital Market
The Nigerian Exchange Group (NGX) and the Securities and Exchange Commission (SEC) have intensified efforts to enhance capital market collaboration...
Nigerian Banks Brace for Profit Squeeze as CBN Phases Out Forbearance Measures
The Central Bank of Nigeria (CBN) has initiated a gradual rollback of forbearance measures introduced during the COVID-19 pandemic, signaling...
Federal Court Denies Access Bank’s Bid to Freeze MTN Accounts Over ₦180 Billion Dispute
A Federal High Court in Lagos has rejected a request by Access Bank Plc to freeze the bank accounts of...
CBN Stands Firm on BDC Recapitalisation Deadline, Rejects Extension Rumors
The Central Bank of Nigeria (CBN) has categorically dismissed reports suggesting an extension of the recapitalisation deadline for Bureau De...
Naira Sustains Week-Long Gains in Official and Parallel Markets After Sallah Holidays
The Nigerian naira continued its upward momentum across both official and parallel foreign exchange markets in the week following the...
Nigeria’s $5 Billion Oil-Backed Loan with Aramco Hits Delay Amid Falling Crude Prices
Negotiations between Nigeria and Saudi oil giant Aramco over a $5 billion oil-backed loan have stalled, as falling global crude...
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