Banking

The Central Bank of Nigeria (CBN) has announced plans to significantly reduce the amount of cash circulating outside the formal...

Non-performing loans (NPLs) in Nigeria’s banking industry rose to 8.03% in January 2026, marking a noticeable deterioration in asset quality...

The Central Bank of Nigeria (CBN) has officially launched the fourth edition of its Foreign Exchange Manual, introducing updated guidelines...

The Central Bank of Nigeria (CBN) has issued a strong warning to non-interest financial institutions to strengthen their governance and...

Nigeria’s five largest banks, collectively known as FUGAZ, faced significant asset quality challenges in 2025, setting aside a massive N2.36...

Nigeria’s top commercial banks achieved strong top-line growth in 2025, driven by elevated interest rates, but after-tax profits came under...

The Central Bank of Nigeria (CBN) has issued a public alert regarding fraudulent messages and malicious links circulating online, designed...

The Nigeria Deposit Insurance Corporation (NDIC) has begun the final stage of liquidating 89 defunct Microfinance Banks (MFBs) and Primary...

The Central Bank of Nigeria (CBN) has sparked fresh debate in the financial sector with a bold proposal that could...

The Nigerian naira posted a notable gain against the US dollar on Friday, closing at N1,355.25 in the official foreign...