Six of Nigeria’s largest listed banks paid shareholders a combined ₦1.27 trillion in dividends for 2025, while five profitable lenders received no approval to distribute profits. GTCO, Zenith Bank, Stanbic IBTC, Ecobank Transnational…

Nigerian banks increased the supply of secured, unsecured and corporate loans during the second quarter of 2026, while loan default rates fell across all major lending categories, according to the latest Central Bank of Nigeria (CBN) Credit…

High taxation, insecurity and high interest rates were the biggest challenges facing businesses in Nigeria in July, according to the latest Business Expectations Survey (BES) released by the Central Bank of Nigeria (CBN). Despite these…

The Central Bank of Nigeria (CBN) spent ₦464 billion on currency issuance in 2025, almost doubling its expenditure from the previous year, according to the bank’s latest financial statements. The increase highlights the growing cost of…

The Central Bank of Nigeria (CBN) has set out five key strategies to drive the next phase of fintech development and ensure sustainable growth in the country's digital financial ecosystem. Delivering a goodwill message at the 3rd…

The Central Bank of Nigeria (CBN) recorded a sharp increase in interest income in 2025, with earnings from loans, Federal Government securities and other interest-bearing investments rising by nearly 30 per cent amid a high interest rate…

Nigerian banks significantly increased their deposits of surplus funds with the Central Bank of Nigeria (CBN) in 2025, a trend that coincided with a decrease in their need for short-term borrowing from the apex bank. This shift indicates a…

Nigeria continued to depend heavily on foreign security printing firms for the production of its banknotes in 2025, despite operating a local currency printing company, according to the Central Bank of Nigeria's (CBN) latest Annual Report.…

Economic experts have called on the Central Bank of Nigeria (CBN) to maintain monetary policy stability after Nigeria's headline inflation eased slightly to 15.91 per cent in June 2026, marking its first decline since February. The…

Nigeria's gross external reserves have climbed to $52.52 billion, providing sufficient foreign exchange to finance approximately 11 months of imports of goods and services, according to the Central Bank of Nigeria…