Nigerian banker Atedo Peterside has seen the value of his stake in Stanbic IBTC Holdings Plc climb to nearly $25 million, as the lender’s shares surged...
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, on Thursday disclosed that 32 banks have already met the new capital requirements under the ongoing...
The Central Bank of Nigeria has officially restricted banking services for “chronic defaulters” and large-ticket obligors with non-performing loans. In a sweeping move to enforce credit...
Nigerian billionaire Abdul Samad Rabiu has seen his miscellaneous liabilities rise above $3 billion, reducing his estimated net worth to $14.3 billion, according to the Bloomberg...
• Cardoso warns central banks against overburdened regulation, cross-border risks Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, said Nigerian banks raised about N4.61...
Thirty per cent of Nigerians earned less than N100,000 monthly in 2025, making it the largest income band in the country, according to a new report...
• Nigeria faces $1.6 billion loss in two months of dwindling oil production • Stakeholders raise concerns over oil theft, evacuation crisis, failure in DCSO ...
Nigeria recorded a total capital importation of $6.44 billion in the fourth quarter of 2025, reflecting a 26.61 per cent year-on-year increase from the $5.09 billion...
The Central Bank of Nigeria has said it will review the judgment of the Federal High Court in Lagos involving Union Bank of Nigeria Plc, while...
The Federal Government has lifted its ban on fuel imports, granting six new licences for the importation of Premium Motor Spirit (petrol), following concerns over supply...