Banking & Finance
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171Funding Squeeze Forces Banks to Stash ₦1.62tr at CBN
Liquidity pressures deepened in Nigeria’s interbank market last week as commercial banks continued to channel surplus funds to the Central Bank of...
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146Nigeria to Relaunch Currency Trade Scheme after Setback –CBN
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that Nigeria is developing a new framework to enable the...
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80Bank failure: NDIC Assures Depositors ₦5m Compensation Failure
As part of efforts to boost public confidence in the banking system, the Nigeria Deposit Insurance Corporation (NDIC), has reassured depositors, especially...
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164
Naira Gaining Traction, eNaira to be Revamped –Cardoso
Cardoso represented Wale Edun, Nigeria’s Minister of Finance and Coordinating Minister of the Economy as G-24 Vice Chair. He said: “We’re part...
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138FCCPC Backs Central Bank’s 48-hour Refund for Customers
The Federal Competition and Consumer Protection Commission (FCCPC) has announced its support for the Central Bank of Nigeria’s (CBN’s) draft guidelines requiring...
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222CBN Rolls Out New Rules for PoS Agents, Sets ₦1.2m Daily Limit
The Central Bank of Nigeria (CBN) has released a fresh set of regulatory guidelines for agent banking operations (PoS operators) across the...
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220Bank Credit to Private Sector Drops to ₦75.83tr
Bank credit to Nigeria’s private sector fell to N75.83tn in August 2025, the lowest level recorded this year, according to the Central...
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152Nigeria’s Eight-Month Debt Service Bill Hits $2.86b –CBN
Nigeria spent a total of $2.86bn servicing external debt in the first eight months of 2025, according to the international payment data...
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143Nigeria Unveils Landmark ISO Standard to Strengthen Anti-fraud Framework
Nigeria has taken a major step to fortify its fight against economic crimes with the official launch of the ISO 37003:2025 Fraud...
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108Tax Reforms Exempt Food, Education, Agriculture –FIRS
Nigeria’s tax landscape is set for a historic overhaul, as the Federal Inland Revenue Service has explained that the government’s reforms exempt...
