Wema Bank has successfully exceeded the Central Bank of Nigeria’s revised capital requirements, reinforcing its position within the country’s top-tier banking segment and ...

The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have strengthened cross-sector collaboration with the launch of a joint framework ...

Nigeria’s inflation rate ticked up to 15.38% in March 2026, marking a reversal of the recent disinflation trend as global disruptions linked to ...

Nigeria’s National Information Technology Development Agency (NITDA) is intensifying efforts to strengthen data governance and scale national software infrastructure, as part of a ...

The Central Bank of Nigeria (CBN), in partnership with the Financial Markets Dealers Association (FMDA), has unveiled the Nigerian Overnight Financing Rate (NOFR) ...

The Federal Competition and Consumer Protection Commission (FCCPC) has warned firms, legal advisers, transaction parties and other stakeholders against non-compliance with statutory obligations ...

Artificial intelligence is emerging as a powerful tool in the fight against financial fraud in Nigeria, with industry insights indicating significant reductions in ...

Nigeria has stepped up efforts to host the African Union (AU) African Monetary Institute (AMI), signalling a renewed push toward deeper monetary cooperation ...

The Central Bank of Nigeria is advancing plans to introduce a structured dispute resolution mechanism for loan-related conflicts, proposing the establishment of a ...

The Nigeria Deposit Insurance Corporation has initiated the final phase of winding down 89 defunct Microfinance Banks (MFBs) and Primary Mortgage Banks (PMBs), ...