Fitch Ratings has said Nigerian banks are making progress in recapitalisation, ensuring compliance with CBN’s 2026 deadline and supporting business growth.

The federal government has officially taken full ownership of Keystone Bank Limited after the Lagos state special offences court approved the forfeiture of shares previously held by its former ...

The Central Bank of Nigeria has approved the Nigeria Foreign Exchange (FX) Code, which is designed to promote ethical conduct ...

ShareThe newly elected Chairman of the Organised Private Sector of Nigeria (OPSN), Dele Kelvin Oye, has said that government’s plans to impose more taxes and sanctions on companies in Nigeria will not ...

The Naira yesterday depreciated to N1,570 per dollar in the parallel market from N1,560 per dollar on Tuesday.

Fitch Ratings has said tier-3 banks in Nigeria are more likely to resort to mergers and acquisitions or downgrade their licences as they struggle to meet the Central Bank of Nigeria’s new paid-in ...

IHS Holding's stock has risen 28% since my last article, arguably due to a more stable currency and more US dollar ...

Interest in developing their own central bank digital currencies remains strong among central banks worldwide, but so far, ...

ShareIn some of the episodes in this column, I have made a few common-sense predictions that have come to pass and ...

The Central Bank of Nigeria (CBN) has reviewed upwards the fees charged on Automated Teller Machine (ATM) withdrawals ...

Justice Rahman Oshodi of an Ikeja Special Offences Court yesterday ordered the forfeiture of 6.3 billion units of ordinary ...