Business
Access, Zenith, First Bank May Halt Dividends Until 2028 — Report
Access Holdings, Zenith Bank, and First Bank may halt dividend payments until 2028, following a CBN directive aimed at strengthening capital
17 June 2025
CBN
Breaking News
Court Reveals Emefiele Earned Over N650 Million Annually as CBN Governor
Court of Appeal reverses final forfeiture of properties linked to ex-CBN Governor Godwin Emefiele, revealing he earned over N650 million yearly during his tenure.
16 June 2025
Business
CBN Launches NRBVN Platform to Boost Diaspora Banking
CBN and NIBSS launch the NRBVN platform, allowing Nigerians abroad to obtain BVNs remotely and boosting diaspora remittances
14 May 2025
Business
Zenith Bank Shareholders Says CBN Fines Caused Low Dividends Payout
Zenith Bank shareholders express frustration over CBN fines and rising taxes, warning that hefty penalties reduce dividends and strain investments.
5 May 2025
Business
Nigeria’s Gold Reserves Increase By N1.28 trillion In 2024
Central Bank of Nigeria reports N2.77 trillion in gold reserves for 2024, driven by global price surges, as external reserves hit new records
3 May 2025
Business
UBA to Raise ₦144.8 Billion For Capital Requirement And Global Expansion
UBA plans to raise ₦144.8 billion in additional capital to meet CBN’s new requirements and expand operations into France and Saudi Arabia.
27 April 2025
Business
Nigerian Banks Rake in N8.41 Trillion from Customer Loans in 2024
Nigerian banks generated N8.41 trillion from customer loans in 2024, marking a 106% increase driven by CBN’s tight monetary policy and higher lending rates.
25 April 2025
Business
Foreign Investment in Nigeria Hits Two-Year High
Foreign investments in Nigeria surged 524% in January 2025, driven by CBN’s aggressive interest rate hikes. Portfolio inflows dominate, while FDI continues to decline.
22 April 2025
Business
Naira Holds Firm Against Euro Despite Global EUR/USD Surge
Despite the euro’s surge against the U.S. dollar in global markets, the Nigerian naira remained steady on the parallel market
21 April 2025
Business
Foreign Investors Raise Caution Over Oil Risks and Market Barriers
Foreign investors acknowledge Nigeria’s macroeconomic reforms but raise concerns about oil volatility, capital repatriation risks, and high market costs at CBN’s investment forum in New York.
19 April 2025
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