The Central Bank of Nigeria (CBN) increased Open Market Operations (OMO) sales by 1,773% in 2024 to N11.8 trillion, aiming to curb inflation
Fidelity Bank Plc is on track to meet the CBN’s 2025 recapitalization deadline, with its oversubscribed fundraising campaign strengthening investor confidence.
CBN has issued a directive requiring banks and financial institutions to publish dormant accounts and unclaimed balances on their websites.
Tony Elumelu Foundation partners with the UAE to empower 1,000 young African entrepreneurs with $6 million funding, training, mentorship, and $5,000 seed capital.
Remembering Herbert Wigwe, the visionary banker who transformed Access Bank into a financial giant, pioneered sustainable finance
Nigeria’s Purchasing Managers’ Index (PMI) hit 52.0 in January 2025, signaling continued growth despite a minor slowdown
As the NCC’s January 27 deadline approaches, five Nigerian banks begin settling their ₦160 billion USSD debt to telecom operators.
NCC orders telecom operators to suspend USSD codes for nine financial institutions over ₦200bn unpaid debts
Central Bank of Nigeria (CBN) has fined nine banks ₦150 million each for failing to ensure seamless Naira availability via ATMs during the festive season
GTCO successfully concludes the first phase of its equity capital raise, attracting N209.41 billion from 130,617 applications.
