News

The Central Bank of Nigeria has released the latest savings and lending interest rates for all Deposit Money Banks (DMBs) in the country ahead of the MPC meeting.
Lack of access to single-digit financing for farmers in Nigeria remains a significant barrier to farm productivity.
The economic backdrop appears to support a dovish tilt. Cordros estimates that Nigeria’s real GDP grew by 4.10 per cent ...
CBN has released new rules to guide commercial banks on ensuring consistency and uniformity in credit reporting, in a move ...
The amount paid by top Nigerian banks to these two government institutions has increased by 34% within one year, and now ...
Five among Nigeria’s top 10 banks reported combined record pre- tax profits of N4.6trn, a 70% in- crease from the previous year, with Zenith Bank and Guaranty Trust Bank’s holding companies crossing ...
Deposit money banks (DMBs) have raised about N2.03 trillion cumulative fresh capital as they are working towards meeting the March 31, 2026 deadline to shore ...
Opinion
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Nigeria: Bank Charges Suffocating Customers

A crisis is brewing in the Nigerian banking sector over the imposition of controversial charges by banks on their customers. Complaints over these charges have reached a level that can no longer be ...
The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has raised the alarm that some corrupt Nigerian ...
Federal regulators issue strict guidance for U.S. banks on crypto custody, stressing key compliance, oversight, and AML ...