The Central Bank of Nigeria (CBN) has upgraded the operating licences of major FinTech companies and Microfinance Banks to ...

The Central Bank of Nigeria (CBN) has upgraded the licenses of major FinTech companies and Microfinance Banks, including Opay and Moniepoint, to national status, allowing them to operate across the ...

At the CBN, the stated commitment remains consistent: to safeguard financial stability, protect depositors, and promote a sound, resilient, and globally competitive banking system that serves the ...

The naira appreciated across the FX markets on Monday as Nigeria’s external reserves rose to an eight-year high of $46.01 ...

Nigeria’s broad money supply (M3) surged to N124.4 trillion in December 2025, up from N122.95 trillion recorded in November.

Nigeria’s external sector is experiencing a notable turnaround, underpinned by a series of strategic reforms in the financial ...

VICTOR AYENI examines how accidental bank transfers are becoming a troubling feature of Nigeria’s cashless economy, where ...

Nigeria’s external reserves hit $46.01 billion, the highest since 2018, strengthening forex buffers. Nigeria’s external ...

Analysts have expressed optimism that the steady growth of Nigeria’s external reserve for several months will be sustained in 2026 ...

Nigeria's banking sector is entering a decisive phase as the Central Bank of Nigeria (CBN) pushes ahead with its comprehensive recapitalisation programme, a reform designed to produce bigger, stronger ...

Bills, recorded robust investor appetite at the Central Bank of Nigeria’s Primary Market Auction, PMA, on Wednesday, with ...

By Chinwendu ObienyiMonetary policy in Nigeria has always been beset with obstacles and chief among them is the high level of cash outside the banking system.This is no different to the recent money ...