Banking

The Central Bank of Nigeria (CBN) has issued a strong warning to Nigerians about a rising wave of scam messages...

The Central Bank of Nigeria (CBN) has introduced a significant regulatory requirement for fintech companies and other financial institutions, mandating...

Wema Bank has temporarily suspended all communications on its official X (formerly Twitter) platform due to a sharp increase in...

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...