Banking
Nigeria’s money supply rises to N110.98 trillion
Nigeria’s broad money supply (M3) rose to N110.98 trillion in January 2025. This marks a 17.3 per cent year-on-year (YoY)...
CBN orders banks to publish dormant accounts, unclaimed balances on websites
The Central Bank of Nigeria (CBN) has issued a directive mandating all banks and other financial institutions to publish details...
CBN says personal loans by Nigerians rose to N3.3 trillion in November 2024
The latest monthly report by the Central Bank of Nigeria (CBN) has shown that Nigeria’s personal loan portfolio rose by...
Keystone Bank: CBN says bank stable, no cause for alarm
The Central Bank of Nigeria (CBN) has assured the public that Keystone Bank Limited is stable and fully operational despite...
GTBank suspends POS processing fees for businesses
Guaranty Trust Bank Limited has removed processing fees on all its Point of Sale (POS) terminals to support businesses with...
CBN scraps free ATM withdrawals for other banks’ customers
The Central Bank of Nigeria (CBN) has scrapped its earlier policy allowing three free monthly withdrawals for customers using other...
FG assumes full ownership of Keystone Bank
The Federal Government has taken full ownership of Keystone Bank, following a ruling by the Lagos State High Court, Ikeja....
Nigeria to host 2025 Afreximbank Annual Meetings
The Federal Government and African Export-Import Bank (Afreximbank) on Tuesday signed the Agreement for Nigeria to host the 32nd Afreximbank...
South Sudan president sacks two VPs, intelligence chief
South Sudan President Salva Kiir has sacked two vice presidents, James Wani Igga and Hussein Abdelbagi Akol, in the latest...
CBN introduces new FX sales to BDCs
The Central Bank of Nigeria (CBN) has issued new guidelines restricting Bureau de Change (BDC) operators to purchasing foreign exchange...