Zenith Bank Plc has announced the opening of a new branch in Manchester, United Kingdom, strengthening its international footprint and expanding its support for cross-border trade...
The Central Bank of Nigeria (CBN) has revised its regulatory framework governing the Bank Verification Number (BVN) system, introducing tighter controls aimed at curbing fraudulent activities...
The Central Bank of Nigeria (CBN) has introduced new technology-driven regulations requiring banks and other financial institutions to deploy automated anti-money laundering systems to strengthen the...
The Central Bank of Nigeria (CBN) has directed commercial banks to restrict access to certain banking services for large borrowers with non-performing loans as part of...
Nigeria’s deposit money banks have placed nearly ₦7 trillion in excess liquidity with the Central Bank of Nigeria through its Standing Deposit Facility, indicating persistent surplus...
The Central Bank of Nigeria recorded strong investor demand at its Treasury Bills Primary Market Auction conducted on March 4, 2026, with total subscriptions reaching N2.34...
The Central Bank of Nigeria withdrew approximately N13.41 trillion from the financial system in January 2026, significantly higher than the N2.77 trillion mopped up during the...
The Central Bank of Nigeria has strengthened its oversight of cheque production and processing, introducing penalties of up to ₦10 million for banks and printing firms...
Stanbic IBTC has warned that Nigeria’s economic growth in 2026 could be disrupted by external shocks, including oil price volatility and global political uncertainty, despite improving...
United Bank for Africa Plc (UBA) has rolled out a new Aggregator Sales Structure to boost its RedPay POS and Agency Banking network, enhancing collaboration with...