CBN
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CBN Scraps Affidavit Requirement for Reactivating Dormant Bank Accounts
The Central Bank of Nigeria (CBN) has removed the requirement for customers to provide affidavits when reactivating dormant bank accounts,…
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FinTech Association Backs CBN Reforms to Strengthen Banking Security
The apex bank introduced several policy measures within a short period, including a rule restricting banking applications to a single…
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Nigeria’s Net FX Reserves Jump 772% to $34.8bn – Cardoso
Nigeria’s external balance sheet has undergone one of its most dramatic recalibrations in recent history. The Central Bank of Nigeria…
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Rate Cut Shock: Why Investors Wiped ₦1.14 Trillion Off NGX in One Session
Within hours of the Monetary Policy Committee’s announcement, investors erased ₦1.14 trillion from the Nigerian Exchange (NGX), triggering one of…
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CBN Cuts Rate to 26.5%: Is Nigeria Entering a New Growth Cycle?
Governor Olayemi Cardoso, announcing the decision at the 304th MPC meeting, noted that inflation has recorded 11 consecutive months of…
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ACAMB Debunks Bank Closure Claims as CBN Recapitalisation Strengthens Financial Stability
In a statement, ACAMB President, Jide Sipe, said the association intervened after a viral video by a content creator alleged…
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Digital Cross-Border Payments and Monetary Sovereignty: Cardoso Signals New Global Finance Order
Cardoso noted that global remittance corridors still cost more than six percent on average, settlement delays stretch over days, and…
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BoI Opens Ethical Finance Frontier as CBN Approves Non-Interest Banking Window
The non-interest framework will enable BoI to finance assets and raw materials using approved NIB instruments, allowing businesses to access…
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CBN’s Fintech Reset: How Unified Regulation Could Secure Nigeria’s Digital Finance Future
Nigeria’s fintech sector has reached a moment that separates ecosystems that merely grow from those that endure. The release of…
Read More » - BRAND REPORT
Nigeria’s Banking Recapitalisation Test: 19 Banks Clear the Bar as Deadline Pressure Mounts for 14 others
Nigeria’s banking sector is entering one of its most consequential reform phases in over a decade. With the Central Bank’s…
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