Nigeria
Nigeria: CBN Mandates Banks to Disclose Dormant Accounts and Unclaimed Dividends
The Central Bank of Nigeria (CBN) has issued a directive requiring all banks and financial institutions to publicly disclose details of dormant accounts, ...
Nigeria
Nigeria: Economic Diversification Key to Nigeria’s Sustainable Growth – Edun
According to Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, Nigeria must diversify its economy beyond oil dependence to ...
Intelligence
Nigeria Faces Escalating Cybersecurity Threats in 2025: CSEAN Warns of Crypto Scams, AI-Driven Attacks
Nigeria’s cybersecurity landscape is bracing for intensified threats in 2025, with cryptocurrency scams and AI-powered cyberattacks emerging as primary risks, according to the ...
Nigeria
Nigeria: Personal Loans Surge by 37.76% in November Amid Inflation Pressures – CBN
Nigeria’s personal loan portfolio surged by 37.76% to N3.32 trillion in November 2024, reflecting the growing financial strain on households due to inflation ...
Nigeria
Nigeria: CBN to Offer N700bn Treasury Bills Amid Liquidity Management Efforts
As part of its ongoing liquidity management strategy, the Central Bank of Nigeria (CBN) is set to auction N700 billion worth of ...
Nigeria
MTN Nigeria Records Gains as Investors Anticipate Earnings Upsurge
MTN Nigeria Plc continues to gain traction in the equities market as investors anticipate an earnings rebound in the fourth quarter of its ...
Nigeria
Fitch: Nigerian Banks on Track to Meet CBN’s 2026 Capital Requirement Deadline
Fitch Ratings has affirmed that Nigerian banks are making steady progress in their recapitalization efforts, ensuring compliance with the Central Bank of Nigeria’s ...
Nigeria
Nigeria: CBN to Maintain Oversight of Keystone Bank Following Court-Ordered Ownership Transfer
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to managing Keystone Bank Limited after a recent court ruling transferred the bank’s ...
Fintech
Unlocking Nigeria’s Fintech Potential: Kuda MD Advocates for Regulatory Reforms and Infrastructure Growth
Nigeria’s fintech sector continues to experience remarkable expansion, attracting $2 billion in investments in 2024. However, despite its rapid growth, critical challenges threaten ...
Nigeria
Nigeria: Naira Rebounds Slightly as CBN Injects $66 Million into Banks
The Nigerian naira made a modest recovery in the foreign exchange market after weeks of downward pressure. On Friday, the naira appreciated by ...