Impairment charges across Nigeria’s 10 banks surged to N3.2 trillion in their 2025 audited financial statements, as the end of…
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The naira appreciated to N1,367.5 per dollar on May 4, 2026, extending gains recorded in April and signaling a firmer…
The Nigerian naira strengthened against the British pound sterling in the official market, appreciating to N1,858/£1, according to the latest…
The naira strengthened against the US dollar in April 2026, closing at N1,374/$ compared with N1,387/$ at the end of…
There is a notable structural shift in the Nigerian banking sector as the industry is characterized as highly capitalized but…
The Central Bank of Nigeria (CBN) has announced plans to raise N700 billion through a Nigerian Treasury Bills (NTBs) auction…
The naira posted a modest week-on-week decline against the US dollar, closing at N1,374/$ on Thursday, underscoring sustained volatility in…
The House of Representatives has directed 11 electricity distribution companies (DISCOs) to refund ₦55.42 billion obtained under the National Mass…
Nigeria’s Central Bank has signalled a tougher regulatory stance on lenders following the completion of a sweeping recapitalisation exercise, as…
Governor of the Central Bank of Nigeria, Olayemi Cardoso, has urged company directors to prioritise consolidation, confidence, and stability as…