Banking & Finance
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394Banks Shut 476 Branches in Three Years –CBN
Deposit Money Banks in Nigeria closed a net 476 branches and cash centres between 2022 and 2025, reducing their physical footprint by...
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288CBN Warns Banks, Fintechs Over Cyber Attacks
The Central Bank of Nigeria (CBN) has warned banks, fintech companies, payment service providers and other financial institutions that cybersecurity can no...
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284Instant Loans Shrink as New FCCPC Rules Tighten Lending
Instant loans are becoming harder for many Nigerians to access as digital lenders tighten their lending conditions to comply with new rules...
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366CBN Steps Up Terrorism Financing Checks on Banks, Financial Institutions
The Central Bank of Nigeria (CBN) has intensified its supervision of terrorism financing risks across the country’s financial system as part of...
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145Private Sector Credit Hits ₦83.43tr Amid High Interest Rates
Nigeria’s private sector credit climbed to N83.43tn in July 2026, extending a steady rise in lending to businesses and other private-sector borrowers...
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396Remittances Hit Record $947m, Near $1b Target
Nigeria’s remittance inflows through International Money Transfer Operators (IMTOs) rose to a record $947 million in July 2026, bringing the country within...
