News
Nigeria: CBN Redeploys Deputy Governors in Leadership Reshuffle
The Central Bank of Nigeria (CBN) has announced a redeployment of its Deputy Governors, introducing new leadership responsibilities across key directorates as part ...
Nigeria
Nigeria: Cut Fraud, Expand Financial Inclusion, Drive Nigeria’s Digital Economy by 2028 – Cardoso to Banks, Fintechs
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has set ambitious targets for Nigeria’s financial sector, calling on banks, fintech firms, ...
Nigeria
Nigeria: Brass to Merge Operations into Paystack MFB, Ending Independent Run
Nigerian business banking startup Brass will cease operating as an independent company and transition its customers into Paystack Microfinance Bank (Paystack MFB), bringing ...
Nigeria
Nigeria: Bad Loans Rise Above Prudential Threshold After CBN Ends Regulatory Forbearance
Non-performing loans (NPLs) in Nigeria’s banking sector climbed to 8.03 per cent in January 2026, months after the Central Bank of Nigeria (CBN) ...
Nigeria
Nigeria: Personal Loans Rise to N1.96tn as Consumer Credit Expands in Nigeria
Personal loans extended by Nigerian banks climbed to ₦1.96 trillion in January 2026, accounting for more than half of the country’s total consumer ...
Nigeria
Nigeria: NCC Inaugurates IPv6 Council Board, Retains Muhammed Rudman as Chairman
The Nigerian Communications Commission (NCC) has inaugurated a new board for the Nigerian Internet Protocol version 6 (IPv6) Council, marking a major step ...
News
Nigeria: FMDQ Appoints Zeal Akaraiwe as CEO Following Bola Onadele’s Retirement
FMDQ Group Plc has appointed seasoned financial markets expert Zeal Akaraiwe as its new Chief Executive Officer (CEO), following the retirement of its ...
Nigeria
Nigeria: SEC, Market Operators Finalise Preparations for T+1 Trade Settlement Rollout
Nigeria’s capital market operators have completed extensive technological and operational upgrades ahead of the country’s transition to a T+1 settlement cycle, scheduled to ...
Nigeria
Nigeria: More Economic Reforms Likely After Bank Recapitalisation Success, SEC Says
The Securities and Exchange Commission (SEC) has indicated that the successful completion of Nigeria’s banking sector recapitalisation programme could pave the way for ...
Nigeria
Nigeria: Telcos Report 5,934 Fibre Cuts in Q1 2026 as NCC Intensifies Critical Infrastructure Protection Drive
Nigeria’s telecommunications sector recorded 5,934 fibre cuts between January and March 2026, highlighting the growing vulnerability of the country’s digital infrastructure and reinforcing ...