Nigeria’s Deposit Money Banks are increasing efforts to raise fresh capital as the Central Bank of Nigeria intensifies its oversight to build a stronger, more resilient financial system. The apex …
CBN
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BankingCBNEconomyFinanceNewsNigeriaRegulation
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AccountabilityCBNFinanceGovernanceNational Assembly
Reps Clash Over Committee to Probe CBN as Lawmakers Summon Cardoso on Alleged N16tn Non-Remittance
A heated confrontation broke out in the House of Representatives on Wednesday as lawmakers disagreed sharply over which committee should question the Governor of the Central Bank of Nigeria, Olayemi …
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BankingCBNEconomyFinancial RegulationNewsNigeriaPolicies
CBN removes all cash-deposit limits, retains strict withdrawal ceilings
The Central Bank of Nigeria has announced major changes to the country’s cash-management rules, removing all limits on how much cash customers can deposit in banks while maintaining strict weekly …
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BankingCapital MarketCBNEconomic DevelopmentFinance & ServicesINVESTMENT
Will Banking Sector remain a Profitable Investment in 2026 as tier 1 stocks near triple-digit returns
In the past two years, Nigerian banks have delivered some of the most impressive returns on the stock market. Tier-1 banks such as Zenith, Access, UBA, GTCO, and First HoldCo …
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BankingBusinessCapital MarketCBNCentral BankingConsumer ProtectionDigital PaymentsEconomic DevelopmentEconomyFinance & ServicesFintechINVESTMENTTechnology
How Nigerians are Loosing Money to Failed transaction
In Nigeria today, a growing number of people are quietly losing their hard-earned money to the frustrating phenomenon of failed electronic transactions. While the country’s push for a cashless economy …
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CBNEconomyForeign ExchangeNigeriaRemittances
Nigeria’s Diaspora Remittances Hit $600 Million Monthly, CBN Governor Says
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has revealed that diaspora remittance inflow into the country has seen a significant increase, rising from $200 million to …