The Independent Media and Policy Initiative (IMPI) has predicted that Nigeria’s inflation rate will decline to 17 per cent by December 2025, citing continued signs of disinflation in the economy. …
CENTRAL BANK OF NIGERIA
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BusinessEconomyFinanceGovernanceInflationMonetary Policy
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BankingBusinessEconomyFinanceNewsNigeria
CreditPro Finance Secures CBN Licence to Expand SME Lending Nationwide
CreditPro Finance Company Limited has received approval from the Central Bank of Nigeria (CBN) to operate as a licensed finance company, a development expected to boost lending to small and …
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BankingEconomyFinanceFintechRegulationTechnology
Expert Urges Stronger Collaboration Between Fintechs, Banks, and OFIs
A financial expert, Mr. Samuel Olaniran, has called for deeper collaboration between financial technology companies (fintechs), traditional banks, and Other Financial Institutions (OFIs) in order to foster trust, improve customer …
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BusinessCorporate GovernanceEconomyFinancial InclusionNigeriaStock Market
Access Holdings Announces Resignation of Roosevelt Ogbonna from Board
Access Holdings Plc has announced the resignation of one of its non-executive directors, Mr. Roosevelt Ogbonna, after three and a half years of service on its board. The notice, which …
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BusinessEconomyFinanceGOVERNMENTMonetary PolicyNigeria
Finance Minister Wale Edun, CBN Governor Cardoso Pledge Stronger Policy Coordination to Boost Economy
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, and the Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso, have pledged closer coordination …
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BankingBusiness PoliciesCapital MarketEconomyNigeriaPensionRegulation
PenCom Bars Pension Fund Administrators from Investing in Banks’ AT1 Capital Instruments
The National Pension Commission (PenCom) has issued a strong warning to Pension Fund Administrators (PFAs) against investing workers’ retirement savings in the Additional Tier-1 (AT1) capital instruments of Deposit Money …
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BusinessEconomyFinanceGovernment PolicyINVESTMENT
Naira Faces Weak Start but Experts Predict Stability Ahead
The naira began the new trading week on a weak note as it exchanged at ₦1,533.67 to one United States dollar at the Nigerian Foreign Exchange Market, according to figures …
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BankingBusinessDevelopmentEconomyFinanceGovernanceWomen Empowerment
CBN Reaffirms Commitment to Women’s Inclusion at WIMBIZ Mentoring Graduation
The Governor of the Central Bank of Nigeria, Mr Olayemi Cardoso, has restated the bank’s commitment to supporting women’s financial inclusion and leadership development as part of Nigeria’s wider plan …
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Banking, Finance & InvestmentBusinessEastern AfricaFinance & ServicesKenyaZenith Bank
Zenith Bank Moves to Enter Kenyan Market
One of Nigeria’s biggest financial institutions, Zenith Bank Plc, has started discussions to buy a mid-level Kenyan bank, as part of its expansion strategy into East Africa. This planned move, …
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Banking, Finance & InvestmentEconomyFinance & ServicesMarketsNigeriaPolicies
Nigeria’s Money Supply Falls Again in May as CBN Tightens Liquidity to Tame Inflation
Nigeria’s total money supply dropped again in May 2025, marking the second decline this year, according to new data released by the Central Bank of Nigeria (CBN). The figure for …