Banking & Finance
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79Cash Inflows to Banks Hit ₦5.11tr in November
Nigeria’s banking system recorded a significant cash surge in November, with total inflows reaching N5.11 trillion, driven by a combination of large...
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67CBN Ends Cash Deposit Limit for Bank Customers
The Central Bank of Nigeria has removed all cash-deposit limits for bank customers while maintaining strict weekly withdrawal ceilings under a revised...
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34Cash Demand Surges As Currency Outside Banks Hits ₦4.65tr
Nigeria’s appetite for cash intensified in October as Currency Outside Banks (COB) climbed for the second consecutive month to N4.65 trillion, signalling...
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100AfDB’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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162
Money 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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47
CBN: 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...
