The Central Bank of Nigeria has approved the Nigeria Foreign Exchange (FX) Code, which is designed to promote ethical conduct ...

At 80, Wema Bank Plc stands as a symbol of what is possible when resilience meets innovation. Its legacy is secure, but the ...

By BAMIDELE MICHAEL The Central Bank of Nigeria’s economic reforms have continued to enhance Nigeria’s position as an attractive investment destination. The economy has already attracted higher ...

Only two banks have so far been able to meet the new capital requirements prescribed by the Central Bank of Nigeria (CBN), with most of the other banks still ...

SOME financial experts are seeking the sustainability of some key policies recently introduced that are already yielding ...

Fitch Ratings has said that Nigerian banks are making significant progress in raising core capital to meet new paid-in ...

Fitch Ratings has said tier-3 banks in Nigeria are more likely to resort to mergers and acquisitions or downgrade their licences as they struggle to meet the Central Bank of Nigeria’s new paid-in ...

Fitch Ratings, a leading provider of credit ratings, commentary and research, has said that Nigerian third-tier banks are more likely ...

Fitch Ratings has said Nigerian banks are making progress in recapitalisation, ensuring compliance with CBN’s 2026 deadline and supporting business growth.

Nigerian banks having difficulty meeting the CBN's increased paid-in capital criteria are more likely to downgrade licenses ...

International rating agency Fitch Ratings has indicated that Nigerian banks are on track to meet the March 2026 recapitalisation deadline set by the CBN.

Export Bank (Afreximbank) has revealed that Nigeria is its largest beneficiary of various pilot and intervention projects ...