Agency News
- Industry
- May 20, 2026
- 52 views
CBN holds benchmark interest rate at 26.5%
Barbara Bako, Abuja. The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has retained the Monetary Policy Rate (MPR) at 26.5 per cent, citing the need to sustain…
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- Investment
- May 12, 2026
- 105 views
CBN seeks states’ support to curb inflation
CBN seeks states’ support to curb inflation By Barbara Bako, Abuja. The Central Bank of Nigeria (CBN) has called on State Governments to adopt disciplined fiscal practices to support Nigeria’s…
- Article
- April 8, 2026
- 135 views
Bank Recapitalisation: How Nigeria’s ₦4.65tn Capital Raise Signals a New Financial Era
By Barbara Bako Nigeria’s banking sector has entered a new phase of consolidation and capacity expansion following the successful completion of a sweeping recapitalisation programme led by the Central Bank…
- News
- April 1, 2026
- 115 views
CBN concludes banking sector recapitalisation, raises N4.65tn
Barbara Bako, Abuja. The Central Bank of Nigeria (CBN) has announced the successful completion of its banking sector recapitalisation programme, with Nigerian banks raising a total of N4.65 trillion over…
- Trade
- December 23, 2025
- 197 views
Naira rises by 0.5% at official market
The naira began the new trading week on a positive footing, appreciating by 0.5 per cent against the US dollar at the official foreign exchange market on Monday. Data published…
Nigeria reaffirms commitment to economic stability
Barbara Bako, Abuja. Nigeria has reaffirmed its commitment to macroeconomic stability, transparent markets, and predictable policies as the Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, engaged…
NDIC begins liquidation of ASO Savings, Union Homes
Barbara Bako, Abuja. The Nigeria Deposit Insurance Corporation (NDIC) has commenced the liquidation of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc following the revocation of…
CBN revokes ASO Savings, Union Homes licences in mortgage sector clean-up
Barbara Bako, Abuja. The Central Bank of Nigeria (CBN) has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc, in a decisive…
CBN approves 82 new BDCs under revised 2024 guidelines
Barbara Bako, Abuja. The Central Bank of Nigeria (CBN) has granted final operating licences to 82 Bureau De Change (BDC) operators following the implementation of the revised Regulatory and Supervisory…
Zuldal Microfinance Bank not licensed – CBN
Barbara Bako, Abuja. The Central Bank of Nigeria (CBN) has raised an alarm over the activities of Zuldal Microfinance Bank Limited, warning that the firm is operating illegally and without…
From Survival to Habit: The Growing Culture of Street Begging in Kano
- June 6, 2026
- 68 views
Kebbi farmers trapped as Bandits demand ₦40m access fee to farmlands
- June 6, 2026
- 50 views
Gunmen abduct seven Polytechnic students in Zamfara
Abubakar Siddiq Ibn Usman
- June 3, 2026
- 38 views
