The CBN has extended PoS geo-fencing enforcement to August 1, 2026, and widened the permitted terminal radius
CBN retained the interest rate at 26.5% amid inflation risks, exchange rate concerns and rising pressure on businesses and SMEs
CBN financial literacy education drive urges Nigerian students to learn money management skills during Global Money Week 2026 in Abuja
Nigeria bank recapitalisation IMF endorsement as the Fund praises CBN reforms, saying stronger banks will support stability and growth
NDIC winding down failed microfinance banks as it begins final phase of closing 89 defunct MFBs and PMBs across Nigeria
Nigerian Banks Recapitalisation Growth Drive gains momentum as banks deploy N4.65 trillion capital to support lending and economic expansion
Nigeria black market dollar rate rises to ₦1,408 per dollar as naira weakens, reflecting ongoing pressure in the parallel forex market
Union Bank misconduct allegations surface as CBN intervenes to stabilise the bank amid claims of hidden losses and financial irregularities
CBN bank recapitalisation programme concludes successfully as Nigerian banks raise ₦4.65 trillion, strengthening financial stability and resilience
Nigerian banks recapitalisation compliance exceeds 96% as ACAMB praises resilience, CBN oversight, and sector strength ahead of deadline
