Banking & Finance
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78AfDB’s Loan to Nigeria Hits $5.1b
The African Development Bank Group has approved a new $500 million loan for the Federal Government of Nigeria, pushing the Bank’s total...
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70Money Supply Climbs to ₦119tr in October
Nigeria’s broad money supply rose to N119.04tn in October 2025 from N117.78tn in September, according to new data published by the Central...
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25CBN: 16 Banks Scale Recapitalisation Hurdle
The Central Bank of Nigeria (CBN), has said that 16 banks have successfully scaled through the recapitalisation hurdle, meeting the revised capital...
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29Coordinated Reforms Stabilising Naira, Slashing Lending Rates –CBN
The Central Bank of Nigeria (CBN) on Thursday stated that its ongoing policy tightening and structural reforms are beginning to filter through...
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33Banks’ Deposit with Central Bank of Nigeria Soars to ₦48.40tr
The Nigerian banking sector’s deposits with the Central Bank surged by 154 per cent, reaching N48.40 trillion in the second quarter of...
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34NIBSS NIP Becomes Africa’s First ‘Mature’ Instant Payment System
Nigeria has achieved a major victory on the continental stage as the NIBSS Instant Payment (NIP) platform was declared Africa’s first Instant...
