Banking & Finance
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440Naira Misses Africa’s Top 10 Spot in May Despite FX Stability
Despite a relatively stable foreign exchange market and a significant increase in the country’s external reserves, the naira narrowly missed out on...
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443Banks: Bad Loans Rise After CBN Ends Forbearance
Bad loans in Nigeria’s banking sector rose to 8.03 per cent in January 2026, seven months after the Central Bank of Nigeria...
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231Inflation Fight, FX Stability Non-Negotiable –Cardoso
Governor of the Central Bank of Nigeria, Olayemi Cardoso, has declared that the fight against inflation and the push for foreign exchange...
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387CBN Gives Banks More Time as Legal Hurdles Stall Recapitalisation
Central Bank of Nigeria (CBN) has said that deposit money banks (DMBs) yet to meet the ongoing recapitalisation requirements will continue operations...
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230World Bank Targets $23b Private Funding for Africa through Stronger Guarantees
The Multilateral Investment Guarantee Agency (MIGA) is ramping up efforts to unlock private capital for Africa, with plans to more than double...
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201We’re Not Propping Up Naira –CBN
The Central Bank of Nigeria (CBN) has dismissed suggestions that it is heavily intervening in the foreign exchange (FX) market to support...
