Nigeria’s external public debt is expected to rise significantly, reaching $72.6 billion by 2027, the country’s…
Category: BANKING
Federal Government Reduces Ministers’ Allowances to ₦700,000
The Federal Government has introduced fresh measures aimed at strengthening financial discipline across Ministries, Departments and…
CBN Unveils New FX Guidelines, Approves $50,000 Cash Movement
The Central Bank of Nigeria (CBN) has issued fresh foreign exchange guidelines allowing individuals to move…
CBN shifts PoS geo-fencing deadline to August 1
The Central Bank of Nigeria has extended the enforcement deadline for the geo-fencing of Point-of-Sale (PoS)…
CBN Rate Cut Draws N105bn Cash Back Into Banking System
Cash held outside Nigeria’s banking system dropped by N104.76bn between February and April 2026, following a…
CBN Reaffirms Commitment To Stable Prices, Economic Growth
The Central Bank of Nigeria has reaffirmed its commitment to maintaining macroeconomic stability and supporting economic…
Team ‘Block X’ Emerges HabariPay Squad Hackathon 3.0 Winners as GTCO Backs Nigeria’s Next Generation AI Innovators
HabariPay, Guaranty Trust Holding Company Plc Fintech subsidiary has announced Team ‘Block X’ as the winner…
FG welcomes upgrading of Nigeria’s Sovereign Credit rating by S & P
Nigeria’s economic reform programme received another boost as global rating agency S&P Global Ratings upgraded the…
$1.25bn Loan: FG, World Bank In Talks To Cater To Citizens’ Welfare
The Federal Government has stepped up engagement with the World Bank for a fresh $1.25bn loan…
CBN Warns Non-Interest Banks Over Rising Risks
The Central Bank of Nigeria has warned that growing risks in Nigeria’s non-interest banking sector could…