Banking

Nigeria’s banking system liquidity dropped by N3.86 trillion on Thursday after the Central Bank of Nigeria carried out a fresh...

More than two years after the closure of Heritage Bank, aggrieved depositors have called on the Federal Government, the Central...

Electronic payment transactions conducted through six channels rose 2.85 per cent year-on-year in value to N1.053 quadrillion in the first...

Guaranty Trust Bank has doubled the quarterly international spending limit on its naira debit cards from $20,000 to $40,000, becoming...

The Nigeria Deposit Insurance Corporation has commenced reimbursement of depositors affected by the closure of 46 microfinance banks across the...

First HoldCo Plc has approved a new dividend policy committing the group to distribute at least 60% of its annual...

Currency held outside Nigeria’s banking system dropped to its lowest level in seven months in June 2026, signalling a gradual...

Corporate borrowers and state-backed entities paid coupon rates as high as 20% to access Nigeria’s debt capital market in the...

Nigeria’s average maximum lending rate declined to 33.16% in June 2026, down from 34.78% in May, offering a slight reduction...

The Central Bank of Nigeria (CBN) has revoked the operating licences of **46 microfinance banks** with immediate effect, citing serious...