Banking & Finance
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308CBN: Our Monetary Reforms Have Strengthened Economy
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the economy of the country has been strengthened due...
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109NIBSS’s Payment System Records 26.55m Transactions Worth ₦1.4tr
The Nigeria Inter-Bank Settlement System (NIBSS) has announced that its newly introduced National Payment Stack (NPS) has processed 26.55 million transactions valued...
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126Banks Park ₦83.95tr with CBN as Liquidity Rises
Nigerian banks significantly increased the amount of funds placed with the Central Bank of Nigeria through its Standing Deposit Facility in July,...
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426
CBN Pivots Nigeria toward Regulated Digital Asset Market
Central Bank of Nigeria is set to play a central role in a new regulatory framework aimed at bringing the country’s fast-growing...
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194Banks’ Maximum Lending Rate Drops to 33.16%
Nigeria’s average maximum lending rate eased to 33.16 per cent in June 2026, down from 34.78 per cent in May, reflecting a...
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533CBN Unveils Centralised System to Track BDC Transactions
The Central Bank of Nigeria has introduced a comprehensive real-time monitoring framework for Bureau De Change operators, unveiling a centralised transaction-tracking platform...
