About 10 Nigerian banks have been projected to meet, and even exceed, the CBN’s N500 billion minimum capital ...

About six Nigerian banks are course to meet to meet and exceed the N500 billion recapitalisation deadline set by the Central ...

The Governor of the CBN, Mr Olayemi Cardoso, gave the hint at the opening of the Afreximbank Annual Meetings (AAM) in Abuja ...

Top Nigerian banks will make provisions for non-performing loans and cut exposure to certain clients that are above ...

The digital money ecosystem is maturing rapidly. The momentum started building from the adoption of blockchain technologies and digital assets, particularly Stablecoins by many countries in Africa.

Bureau De Change (BDC) operators have insisted that there is an extremely large amount of foreign exchange liquidity in the ...

The statement said the lack of transparency around the BDC entities creates room for regulatory abuse, political patronage, and manipulation of the forex market.

Zenith Bank, which typically pays an interim dividend half-yearly, said it hopes to have met the demands of the central bank ...

Nigeria's leading financial institution, Zenith Bank, said it plans to exit all Central Bank of Nigeria's forbearance ...

The Central Bank of Nigeria has not announced new cash denominations of 5,000 ($3.12) and 10,000 ($6.25) naira, contrary to widely viewed Facebook posts sharing a fake statement posing as one from ...