BY : Ogundana Boluwatife When a major international bank prepares to establish a new operation in Nigeria, the announcement can attract attention as a sign of confidence in the country’s …
By Radarr Africa Business Desk October 26 (Radarr Africa) – Nigeria’s net foreign exchange flows rose to $22.50bn in the second quarter of 2026, the highest quarterly level since the …
The Central Bank of Nigeria (CBN) has granted JPMorgan an approval-in-principle to set up JPMorgan Merchant Bank Nigeria Limited, taking the American lender a step closer to a full banking …
Afreximbank reported a 25% rise in net income for the first quarter of 2026, and South Africa’s ratification in February gave the bank full continental coverage.
Deutsche Bank has adopted a positive outlook on the Nigerian naira, adding the currency to its frontier foreign exchange monitor as it identifies opportunities for further appreciation against the US …
The International Monetary Fund (IMF) has backed Nigeria’s decision to ease monetary policy, saying the country has made significant progress in reducing inflation, although the fight against rising prices remains …
The Economic and Financial Crimes Commission (EFCC) has reopened its investigation into alleged financial crimes involving former Vice-President Atiku Abubakar following a fresh petition by former House of Representatives member …
Nigeria’s foreign exchange reserves stood at $55.07 billion as of October 9, 2026, after the Central Bank of Nigeria (CBN) corrected an earlier figure that overstated the country’s reserves at …
Seven Nigerian banking groups hold combined assets of $136.8 billion, accounting for about 10 per cent of the verified assets of Africa’s 50 largest banking groups, according to a ranking …
The World Bank Group plans to help Nigeria mobilise up to $5.79 billion in private financing in 2026, targeting small businesses, digital infrastructure, agriculture and industrial production. The strategy combines …
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