The Central Bank of Nigeria (CBN) has confirmed that 33 banks have met the revised minimum capital requirements under its ...

Nearly two decades after the 2004 recapitalisation that reshaped Nigeria’s banking sector and cut the number of banks from 89 ...

CBN gives final update on Nigerian bank recapitalization, raises N4.65 trillion from 33 financial institutions The Central ...

The Central Bank of Nigeria (CBN) on Wednesday said the country’s banking sector has emerged stronger following the conclusion of a 24-month..

The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to complete a newly deployed ...

The Central Bank of Nigeria (CBN) has announced the successful conclusion of the banking sector recapitalisation programme initiated in March 2024.Over the 24-month period, Nigerian banks raised a ...

For market participants, the more consequential development is the supervisory framework the CBN has put in place to govern ...

CBN said 72.55 per cent of capital was sourced locally and 27.45 per cent from international markets, a development it said ...

Nigeria’s naira weakens to ₦1,386.72 per dollar amid plummeting liquidity and a global oil price surge, highlighting ...

The Central Bank of Nigeria reports that 33 banks have met new minimum capital requirements under its bank recapitalisation, ...

The Central Bank of Nigeria (CBN) has launched a pilot program for Anti-Money Laundering (AML), Counter-Financing of ...

The Central Bank of Nigeria (CBN) says it has commenced a pilot supervision programme for virtual asset service providers ...