Real Time Financial News Website
Nigeria’s leading commercial banks have recorded a massive surge in digital activity, processing a combined N286.19 trillion in mobile banking…
Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso, has called on bank directors and corporate leaders to…
Nigeria’s apex bank, the Central Bank of Nigeria (CBN), has continued to limit the access of Bureau De Change (BDC)…
The Central Bank of Nigeria (CBN) has announced a revision to banking charges, increasing the cost of issuing and replacing…
The Central Bank of Nigeria (CBN) has raised an alarm over a growing wave of fraudulent messages, emails, and online…
Nigeria’s Federal Government has raised N100 billion from the Unclaimed Funds Trust Account, a pool of dormant private funds now…
The Central Bank of Nigeria (CBN) has stepped up its liquidity management drive, mopping up a total of N4.48 trillion…
The Central Bank of Nigeria (CBN) has introduced a new proposal that could significantly change how lending disputes are handled…
Nigeria’s cash held outside the banking system declined slightly in February 2026, falling by 0.058% to N5.20 trillion, as liquidity…
The Central Bank of Nigeria (CBN) has cautioned commercial banks against engaging in excessive risk-taking following the conclusion of the…
Zenith Bank, GTCO, and FirstHoldCo collectively earned N2.85 trillion from Treasury bills in 2025, reflecting a sharp 43.03% increase from…
The African Development Bank (AfDB) has announced a $20 million funding initiative aimed at accelerating green hydrogen projects across Africa.…
Agricultural Development Bank (ADB) PLC has delivered a remarkable financial turnaround, posting a profit after tax of GH¢367.2 million for…
The Central Bank of Nigeria (CBN) has confirmed that 33 banks successfully met the revised minimum capital requirements under its…
The Bank of Ghana (BoG) has revealed that one of the two banks yet to meet the minimum capital requirement…
Nigeria’s banking sector has grown significantly following the Central Bank of Nigeria’s (CBN) sweeping recapitalisation drive, which strengthened balance sheets…
Foreign capital inflows into Nigeria’s banking sector hit $13.53 billion in 2025, marking a remarkable 93.25% increase from $7.00 billion…
Nigeria’s financial system entered 2023 under intense pressure, with a weakening naira, rising inflation, and dwindling investor confidence threatening a…
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced that 32 banks have successfully met the…
Nigerian banks have successfully raised N4.61 trillion in fresh capital as part of the ongoing banking sector recapitalisation programme, with…
Nigeria’s banking system liquidity held steady above ₦8 trillion despite a ₦2.36 trillion Open Market Operations (OMO) mop-up by the…
The Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has called for deeper collaboration among African financial…
The Central Bank of Nigeria (CBN) has directed all International Money Transfer Operators (IMTOs) to open and maintain naira settlement…
With just days left before the March 31 deadline, Nigerian banks are making a final push to comply with the…
Nigeria’s financial system is entering a new phase of tighter security as the Central Bank of Nigeria (CBN) moves to…
The FinTech Association of Nigeria has voiced strong support for recent banking reforms introduced by the Central Bank of Nigeria…
Nigeria saw a significant reduction in cash held outside the banking system in January 2026, with N197.68bn returning to formal…
Nigeria’s deposit money banks (DMBs) have parked nearly N7 trillion in excess cash at the Central Bank of Nigeria’s (CBN)…
Nigeria’s net foreign exchange (forex) inflow fell sharply by 18.3 percent year-on-year to $61.29 billion in the eleven months ending…
The Central Bank of Nigeria (CBN) has taken a major step to curb financial crime by mandating banks and financial…
