Tag: CBN

Personal loans obtained by Nigerians rose to an estimated ₦2.06tn in May 2026, as consumer credit continued to expand amid persistent cost pressures and...

The Central Bank of Nigeria (CBN) says the next stage of fintech development in Nigeria must focus on five important outcomes to achieve sustainable...

The Central Bank of Nigeria has revoked the operating licences of 46 microfinance banks across the country, citing their failure to meet key regulatory...

NOVA Bank Limited has announced the appointment of Jude Anele as its Managing Director and Chief Executive Officer, following the approval of the Central...

The Central Bank of Nigeria has approved a temporary window allowing importers to use expired National Agency for Food and Drug Administration and Control...

The World Bank has fixed December 16 as a tentative approval date for a fresh $1bn Development Policy Financing loan to the country under...

When the Central Bank of Nigeria (CBN) announced a new round of bank recapitalisation in March 2024, many expected the leading banks, especially those...

Nigeria’s economy is bleeding, not from the absence of money, but from the silent, systemic outflow of capital that should be building industries, creating...

The House of Representatives has queried the Nigerian Electricity Regulatory Commission over the ₦59bn Central Bank of Nigeria loan for the execution of National...

Commercial banks have lifted over three years moratorium on the use of naira-funded debit cards abroad as dollar liquidity rises. A Tier-1 bank and mid-tier...