Tag : Central Bank of Nigeria
2026 Banks Recapitalisation: Celebrating an Emergent Promising Banking Era
By Dayo Omoogun Nigeria’s banking sector history has been characterised by a cycle of rapid expansion, failures as well as painful but ultimately...
Recapitalisation: 33 Banks Scale Through, ₦4.65trn Fresh Capital Raised – CBN
The Central Bank of Nigeria (CBN) has announced the successful conclusion of the banking sector recapitalisation programme initiated in March 2024. According to the...
Union Bank: CBN Studying Judgement, Will Respond Appropriately
The Central Bank of Nigeria (CBN) has acknowledged the judgment delivered on Wednesday, March 25, 2026, by the Federal High Court in Lagos concerning...
MPC 304: Confident but not Complacent
By Dayo Omoogun The resolutions of the Central Bank of Nigeria at its Monetary Policy Committee Meeting of Tuesday February 24, 2026 marks a...
20 Banks Have Scaled Recapitalisation Hurdle, 13 Others At Advanced Stages- Cardoso
Nigeria’s Central Bank Governor, Dr. Olayemi Cardoso has disclosed that 20 banks have fully met the new minimum capital requirements, while a further 13 banks...
CBN Publishes National Fintech Landscape Assessment, Charts Future Direction
Nigeria’s apex bank, the Central Bank of Nigeria, has released a comprehensive assessment of Nigeria’s fintech landscape. The report outlines the priorities needed to...
Aso Savings, Union Homes Savings’ Licences Revoked
The Central Bank of Nigeria has revoked the operational licences of the Aso Savings and Loans PLC and Union Homes Savings and and Loans...
82 BDCs Fully Licensed by CBN Under Revised Guidelines
The Central Bank of Nigeria (CBN), in exercise of its powers conferred under the Bank and Other Financial Institutions Act (BOFIA) 2020, and the...
MPC Votes for Stability
By Dayo Lekan According to the communique no 160 issued by the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) its 303rd...