Keystone bank’s operations are entirely secure, CBN assures Nigerians
"For clarity, the Court Order merely reaffirmed the Central Bank of Nigeria's prior decision to take over the management of...
EU, Germany unveil get.invest initiative to boost renewable energy financing in Nigeria
As part of efforts to address Nigeria’s electricity access challenges, particularly in rural areas, the European Union (EU) and Germany...
CBN announces new date for February MPC meeting
The meeting will now take place on Wednesday, February 18, and Thursday, February 19, 2025.
Liquidity crunch forces Nigerian banks to borrow N1.2trn from CBN in single day
Nigerian Deposit Money Banks (DMBs) made a record single-day withdrawal of ₦1.2 trillion from the Central Bank of Nigeria’s (CBN)...
Naira Rebound:Â Investors favour 364-day bonds, Treasury Bills
The recent appreciation of the Nigerian naira has sparked a surge in demand for long-term fixed-income instruments, with investors heavily...
Tier-One Bank Stocks: FBN Holdings takes top spot on NGX with 17.65 per cent return
FBN Holdings (FBNH) has emerged as the top-performing tier-one bank stock on the Nigerian Exchange (NGX), delivering an impressive 17.65...
IMF warns Nigeria’s declining GDP per capita signals shrinking prosperity
Despite Nigeria’s economic growth, a troubling trend has emerged—Gross Domestic Product (GDP) per capita is steadily declining, highlighting the country’s...
Bank recapitalisation: Stock prices to plummet in February — Report
Nigeria’s stock market is bracing for a potential downturn in February, as the Financial Derivatives Company (FDC) predicts a decline...
Elumelu woos foreign investors for sustainable impact in Nigeria, others
Renowned entrepreneur and philanthropist Tony Elumelu has made a passionate call to foreign investors to channel their investments into Nigeria...
CBN restricts BDCs to one dealer bank per week for $25,000 FX purchase
The Central Bank of Nigeria (CBN) has introduced new regulations allowing Bureau de Change (BDC) operators to purchase up to...
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