Speaking on the growth of the industry, the National Chairman of AMBO, Comrade Odetunde Olawale, explained that agency banking has played a key role in...
The Central Bank of Nigeria, CBN, yesterday said the nation’s current account surplus grew year-on-year (YoY) by 46 percent to $4.98 billion in the first...
The House of Representatives Public Accounts Committee has recovered N521.77 million in unremitted Value Added Tax (VAT) from the Central Bank of Nigeria (CBN), following...
The Central Bank of Nigeria (CBN) executed a massive liquidity mop-up on June 5, 2026, withdrawing N3.04 trillion from the banking system via Open Market...
The Central Bank of Nigeria (CBN) has issued fresh foreign exchange guidelines allowing individuals to move up to $50,000 in cash when travelling, provided the...
The Central Bank of Nigeria (CBN) has redeployed its four Deputy Governors in a management reshuffle aimed at strengthening leadership structure and improving operational efficiency....
Nigeria’s banking sector recorded a further decline in asset quality in January 2026, with the ratio of non-performing loans (NPLs) rising to 8.03 percent, according...
Foreign direct investment (FDI) into Nigeria plunged by 80 per cent in January 2026, even as overall capital inflows rose sharply, according to the latest...
The Association of Point of Sale (POS) Service Providers has warned that banking operations across Nigeria could face significant disruption if regulators fail to address...
The Central Bank of Nigeria has intensified its liquidity tightening drive after conducting one of its biggest single-session Open Market Operations, OMO, auctions on May...