Banking & Finance
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225AfDB Approves $200m Lifeline for BOI to Power SMEs, Jobs, Green Growth
The African Development Bank Group has approved a $200 million financing facility for the Bank of Industry (BOI), in a major push...
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111CBN Unveils New Forex Manual to Boost Market Liquidity
The Central Bank of Nigeria on Friday launched the fourth edition of its Foreign Exchange Manual, with the revised framework scheduled to...
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118CBN Order: Four Banks Release 321,181 Dormant Accounts
Four banks have published details of no fewer than 321,181 dormant accounts following a directive by the Central Bank of Nigeria, The...
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169CBN, FRACE Move to Safeguard Non-Interest Banking Sector Amid New Risks
The Central Bank of Nigeria has moved to strengthen governance standards and regulatory oversight in Nigeria’s non-interest financial sector amid growing concerns...
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163Cardoso Engages Directors on Post-Recapitalisation Stability
The Central Bank of Nigeria (CBN) has stressed the role of directors in navigating the post-recapitalisation landscape, noting that the reform was...
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177Banks’ Lending to Private Sector Climbs to ₦94.6tr in February –CBN
Credit extended by Nigeria’s banking industry to the private sector rose to an all-time high of N94.6 trillion in February 2026, underscoring...
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234CBN Issues New Directives on Bank Charges
The Central Bank of Nigeria has scrapped card maintenance fees, directing banks not to charge any maintenance fee on naira-denominated debit or...
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349Afreximbank Funds Three New Nigerian Refineries
The Senior Executive Vice President of African Export-Import Bank, Denys Denya, has said the bank is financing three additional refineries in Nigeria...
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310Diaspora Inflows now Strategic FX Pillar for Nigeria –CBN
Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has recast diaspora remittances as a strategic pillar of Nigeria’s foreign exchange stability, saying...
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561CBN Tightens Oversight as Digital Finance Expands
The Central Bank of Nigeria is stepping up efforts to reinforce confidence in the country’s financial system, introducing new measures to strengthen...
