Federal Government domestic borrowing rose by N9.19tn in 2025, crowding out private sector credit as businesses struggle with high interest rates, CBN data show
CBN grants national licences to Moniepoint, Opay, Kuda Bank, Palmpay and Paga, allowing full nationwide operations under stricter rules
CBN grants Finlogic IMTO licence, enabling direct diaspora remittances into Nigeria, boosting foreign exchange inflows and market stability
CBN directs ACGSF Board to ensure farmers’ credit is accessible, removing barriers like collateral and remote location for all Nigerian farmers
Nigeria currency outside banks jumped to N4.646tn in October, signalling rising withdrawals and tighter liquidity as the CBN works to stabilise inflation.
Cash Outside Banks surges as CBN data shows a sharp rise in October withdrawals, deepening liquidity strain and challenging monetary control
Coronation Bank leadership boost as Paul Abiagam becomes CEO, marking a new phase of growth and strategic momentum
The CBN reports strong bank recapitalisation progress as 27 banks raise funds and many meet new capital thresholds
CBN tightens bank advertisement rules, banning misleading claims and prize-based promotions to ensure transparency and consumer protection
MAN urges the CBN to cut punitive interest rates, warning that high borrowing costs are damaging production and weakening competitiveness in the real sector.
