CBN Holds MPR at 27% as MPC Maintains Tight Stance to Tame Inflation, Stabilise FX Market
The Central Bank of Nigeria (CBN) has left its benchmark interest rate unchanged at 27 percent, reinforcing its tight monetary...
16 Nigerian Banks Meet CBN Recapitalisation Target Ahead of 2026 Deadline
The Central Bank of Nigeria (CBN) has confirmed that 16 banks have met its recapitalisation requirement, signaling steady progress toward...
CBN Issues New Directive Clarifying Minimum Paid-Up Capital for Banks, HoldCos
The Central Bank of Nigeria (CBN) has issued a definitive clarification on how banks and financial holding companies (HoldCos) must...
MDR Investments Accelerates $2 Billion Africa Expansion Under Prateek Suri
MDR Investments, the investment arm of Maser Group, is rapidly scaling its footprint across Africa and other emerging markets as...
NIBSS Unveils Next-Gen Payment Infrastructure Aimed at Deepening Fintech Integration
Nigeria’s digital payments landscape has entered a new era with the successful execution of the first live transaction on the...
Nigeria Inflation Rate Drops to 16.05% as CBN Reforms Boost Naira Stability
Nigeria inflation rate has continued its downward trend, easing to 16.05% in October from 18.02% in September 2025, driven by...
How to Safely Invest in Commercial Papers in Nigeria and Earn Higher Returns
Commercial paper (CP) has become one of the most popular short-term investment options in Nigeria as companies increasingly use it...
FG Launches Student Venture Capital Grant, Offers Up to N50 Million Equity-Free Funding
The Federal Government of Nigeria has officially opened the application portal for the Student Venture Capital Grant (S-VCG), a flagship...
Fintech Firm Launches Anti-Fraud Campaign, Warns Users Against Rising Digital Scams
PalmPay, a leading mobile payments and digital wallet provider in Nigeria, has rolled out a major anti-fraud awareness campaign in...
CBN Reaffirms Commitment to Financial Inclusion, Monetary Stability at 2025 Awka Fair
The Central Bank of Nigeria (CBN) has reiterated its dedication to enhancing national productivity, deepening financial inclusion, and maintaining monetary...
