Banking

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced that 32 banks have already satisfied the...

Nigeria recorded a sharp contraction in its current account surplus during the fourth quarter of 2025, falling 65.52% to $1.40...

The Central Bank of Nigeria (CBN) has introduced a major security enhancement for digital banking, restricting mobile banking applications to...

Nigeria's Central Bank (CBN) has taken a historic step by formally incorporating artificial intelligence and machine learning into its anti-money...

Nigeria's Debt Management Office (DMO) has scheduled a Federal Government bond auction for February 23, 2026, aiming to raise N800...

The Nigeria Deposit Insurance Corporation (NDIC) has significantly sped up the process of reimbursing depositors when a bank fails, promising...

Access Holdings Plc has confirmed that its banking subsidiary, Access Bank Plc, was unable to finalise the proposed acquisition of...

The gap between Nigeria’s official and parallel (black market) exchange rates has widened to over 6%, reviving fears of renewed...

Nigerian banks’ exposure to government securities has risen sharply in recent years, now accounting for approximately 11% of their total...

Nigeria’s planned N20.12 trillion budget deficit for 2026 could severely limit credit availability for the private sector, as the Federal...