Banking & Finance
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2.8KCustomers’ Bill of Rights: CBN Strengthens Fair Banking Drive
With over 66 million Nigerians enrolled on the Bank Verification Number system, the Central Bank of Nigeria has introduced a Customers’ Bill...
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2.8KEdun, Cardoso Pledge to Strengthen Fiscal, Monetary Coordination
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Governor of the Central Bank of Nigeria, Olayemi...
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2.7KCurrency Outside Banks Tapers to ₦4.49tr, Now 90% of Cash in Circulation
Currency outside the formal banking system moderated to N4.49 trillion in June 2025, down from N4.63 trillion in May, though it continued...
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2.7K
CBN Promises Sustenance of Financial Sector’s Consumers Protection Initiatives
The Central Bank of Nigeria (CBN), has assured Nigerians that the apex financial institution would sustain various initiatives aimed at boosting the...
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2.7K
CBN Intensifies Public Sensitisation in Drive for Financial Inclusion
The Central Bank of Nigeria (CBN) has intensified efforts to connect directly with Nigerians through its inaugural “CBN Fair” in Lagos, using...
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2.6KWorld Bank Approves ₦12.88tr Loans to Nigeria in Two Years
The World Bank has approved a total of $8.40bn (N12.89tn) in fresh loans to Nigeria over the past two years, according to...
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2.6KFIRS Begins E-Invoicing for Large Taxpayers
The Federal Inland Revenue Service (FIRS) has commenced an electronic invoicing solution (e-invoicing) aimed at revolutionising tax payment in the country. The...
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2.6KBanks Reduce SLF Patronage as Borrowing from CBN Plummet by 12.84%
Amid excess liquidity in the financial sector, banks and merchant banks borrowing from the Central Bank of Nigeria (CBN) dropped by 12.84...
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2.7KBOI Continues Disbursement of ₦75b MSMEs Intervention Fund
Bank of Industry (BOI) has reiterated its commitment to improving access to affordable financing for the Micro Small and Medium Enterprises (MSMEs) by...
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180Banks Add 2.7m New Accounts as BVN-linked Accounts Rise to 66m
The Nigeria Inter-Bank Settlement System (NIBSS) data has shown that the number of Nigerian bank account owners linked to Bank Verification Number (BVN) hit...
