Nigeria: Court Nullifies CBN's Takeover of Union Bank, Says Regulator Acted Beyond Powers

The court nullified the entire regulatory intervention, including capitalisation process carried out by the CBN-appointed interim board. Read more »

Nigeria: Nigerian Banks Raise N4.61 Trillion Ahead of 31 March Deadline - CBN

Mr Cardoso also emphasized the essence of interconnected financial systems and collaboration among African banks' regulators to safeguard stability and ensure shared prosperity… Read more »

Nigeria: UBA, NPF Microfinance Bank, Lafarge Top Stock Pick This Week

This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your financial advisor before taking investment decisions. Read more »

Nigeria: Mutual Benefits, Fidelity, Transcorp Top Stock Pick This Week

This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your financial advisor before taking investment decisions. Read more »

Nigeria: Zenith Bank Hosts 2026 International Women's Day Seminar Themed 'Take It, You Own It'

The subject matter of the seminar aligns with the global theme 'Give to Gain" which underscores the principle that sustainable progress is achieved when individuals and… Read more »

Nigeria: Nigerian Banks Raise N4.05 Trillion Ahead of Capitalisation Deadline

The CBN governor noted that the development is a result of increased confidence of investors in the Nigerian banking sector Read more »

Nigeria: CBN Warns Oil Prices, Pre-Election Spending Could Threaten Stability

"Gross external reserves rose significantly to $50.45 billion as of February 16, 2026, the highest in 13 years. This provides an import cover of 9.68 months for goods and… Read more »

Nigeria: United Capital, Fidelity Bank, Cornerstone Insurance Top Stock Pick This Week

This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your financial advisor before taking investment decisions. Read more »

Nigeria: CBN Eyes $1 Billion Remittances As Monthly Inflows Hit $600m

The CBN governor says diaspora remittances now average $600 million monthly, with reforms aimed at raising inflows to $1 billion in the near term. Read more »

Nigeria: My Role in $6.23m Cash Withdrawal From CBN Vault During Emefiele's Tenure - Official

The prosecution witness, who is a CBN official, narrated the roles he played in facilitating the suspicious withdrawal of $6.23 million cash from the bank's vault in February 2023. Read more »

Nigeria: EFCC Hands Over Recovered N802.4m to First Bank After System Glitch Fraud

First Bank had petitioned the EFCC, alleging that a system glitch led to the erroneous crediting of over N1.3 billion into the account of one of its customers, Ojo Kingsley. Read more »

Nigeria: UBA, Mutual Benefits, Lafarge Africa Top Stock Pick This Week

This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your financial advisor before taking investment decisions. Read more »

Nigeria: First Bank Unveils Nigeria Economic Outlook 2026, Stresses Resilience As Winning Factor for Businesses

The forum, which held in Lagos on Tuesday, assembled prominent economists, subject-matter experts, business leaders and finance professionals for conversations on the outlook of… Read more »

Nigeria: Fidelity Bank Appoints New Board Chairperson

The bank said that under Mr Chike-Obi's leadership, Fidelity Bank recorded significant growth across key financial indices, with the board successfully executing the bank's… Read more »

Nigeria: Nigerian Economy Expected to Grow 4.49% in 2026, Inflation to Ease - CBN

The Central Bank of Nigeria (CBN) disclosed this in its Macroeconomic Outlook for Nigeria, 2026 published on Tuesday. Read more »

Nigeria: Nigerian Banks Are Healthy, Not Shutting Down - Acamb

The statement referred to an Instagram video claiming that 12 banks would be shut down by the Central Bank of Nigeria (CBN) by March 2026. Read more »

Nigeria: Yuletide - CBN Orders Banks to Enable Smooth ATM, POS Transactions for Foreign Cards

They were also required to maintain system availability to avoid failed transactions. Read more »

Nigeria: Reps Panel Gives CBN Deadline to Conclude Revenue Reconciliation With Finance Ministry, FRC

The CBN had, in a letter dated 15 December, sought more time to respond and appear before the committee, citing the volume of documentation involved and an ongoing reconciliation… Read more »

Nigeria: CBN Targets Wider Agricultural Lending As Cardoso Unveils New Acgsf Board

An official described the occasion as "a defining moment, a bold statement of intent that signals a new dawn for agricultural financing in Nigeria." Read more »

Nigeria: CBN Licences 82 BDCS, Warns Against Unauthorised Operators

The bank said only the BDCs listed on its website were authorised to buy and sell foreign currency. Read more »

Nigeria: Nigerian Economic Growth Drops By 0.25% in Q3 2025 - CBN Governor

The CBN governor said Nigeria's economic growth slowed in the third quarter of 2025, with GDP expanding by 3.98 per cent, a 0.25 percentage points lower than the 4.23 per cent… Read more »

Nigeria: CBN Sets ATM Withdrawal Limit At N100,000 Daily

The weekly limit applies across all channels, including ATMs and point-of-sale (POS) devices. Read more »

Nigeria: CBN Fails to Recover N629 Billion Anchor Borrowers' Loan - Audit Report

The report noted that significant discrepancies and gaps were observed in the management of the ABP programme across Nigeria Read more »

Nigeria: CBN Orders Banks to Withdraw Non-Compliant Adverts, Gives 30-Day Deadline

It said it found adverts that exaggerated benefits, obscured risks or omitted key information required under the Consumer Protection Regulations 2019 and the Guidelines on… Read more »

Nigeria: CBN Holds Benchmark Rate At 27 Percent As Inflation Continues to Ease

The committee adjusted the asymmetric corridor around the MPR at +50/-450 basis points, a move aimed at discouraging banks from keeping idle funds with the CBN and encouraging more… Read more »