Banking

FG Targets N800 Billion in February Bond Auction, Doubling Last Year’s Offer Amid High Borrowing Costs

by Victoria Attah

February 17, 2026

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Banking

Ecobank Nigeria to Appeal N72 Billion Judgment in Favor of Honeywell Flour Mills

by Jide Omodele

Ecobank Nigeria Limited has announced its decision to appeal a recent judgment delivered by the Federal High Court in Lagos,...

Navigating the Complexities of Digital Lending: Why Outright Bans are not the Solution.

The advent of technology has revolutionized the way we conduct business and interact with financial services. In Nigeria, the rise...

CBN Revises Cash Reserve Ratio for Merchant Banks, Slashing it to 10%

In a move aimed at stimulating economic growth, the Central Bank of Nigeria (CBN) announced on Friday its decision to...

Key Takeaway from the CBN’s Newly Introduced Customer due Diligence Rules.

CBN Mandates Approval from Central Bank for Acquiring 5% Stake in Nigerian Banks

by Rate Captain

July 14, 2023

In a bid to enhance corporate governance and safeguard the interests of shareholders in Nigerian banks, the Central Bank of...

Gold set for best week in 14 on expected pause in Fed rate hikes

by Jide Omodele

Gold prices experienced a slight decline on Friday after a five-day rally, as expectations of a pause in U.S. interest...

Standard Chartered to Sell Subsidiaries in Sub-Saharan Africa to Access Bank.

by Victoria Attah

Standard Chartered (STAN.L) has announced its agreement to sell its subsidiaries in sub-Saharan Africa to Nigeria's Access Bank, initiating the...

CBN Allows Oil Companies to Resume Dollar Sales to Banks in Effort to Boost Supply.

CBN Instructs Banks to Provide Naira Payouts for Diaspora Remittance Beneficiaries

The Central Bank of Nigeria (CBN) has introduced the Naira as a payout option for recipients of proceeds from international...

Ecobank Calls for Rejection of FBN Holdings Shares Acquisition Over Unsettled Debt

Ecobank Nigeria Limited has demanded the rejection of the recent acquisition of FBN Holdings shares by an entity associated with...

Nigeria’s Bank Fraud and Forgeries Cases decrease significantly in Q1 2023-FITC Report

The Financial Institutions Training Centre (FITC) has released its report on the review of frauds and forgeries cases in the...

FBN Holdings Plc’s Blockbuster Share Trade Shakes Up NGX