Olayemi Cardoso, said raising capital requirements for banks would help them to increase credit to underserved communities, thereby enhancing financial inclusion in Nigeria.

Noting that the Central Bank of Nigeria (CBN) has raised interest rates to 27.25 per cent in its fifth consecutive hike this year to curb inflation and stabilise the naira, Otunuga noted that CBN’s ...

Nume Ekeghe The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, yesterday reiterated that raising capital ...

Read Also: Curbing the menace of out-of-school children The appointment has been approved by the relevant regulatory bodies, including the Central Bank of Nigeria. UBA’s Group Chairman, Tony Elumelu, ...

Many Nigerians expect inflation to increase further in October, according to the Central Bank of Nigeria’s (CBN) recent ...

Nigeria’s foreign reserves increased to $40.167 billion as of November 11, 2024, for the first time since 2022. This is ...

Lotus Bank, a non-interest Nigerian bank has announced that it has met the new minimum capital requirements set by the ...

In its latest rating report on Nigeria, leading credit rating agency, Fitch Ratings, said that despite the Central Bank of ...

Nigeria’s foreign exchange (forex) reserves crossed a new threshold at the weekend. It rode on the back of a sustained ...

Sensitive materials for the Ondo State governorship election, scheduled for Saturday, 16th November 2024, have arrived in ...

Ahead of the Ondo State governorship election, slated for Saturday, 16th November 2024, sensitive election materials have arrived in Akure, the state capital in preparation for the exercise. The ...

The Nigeria Deposit Insurance Corporation (NDIC) has started a nationwide auction of the properties and physical assets formerly owned by Heritage Bank. In a statement issued Monday, NDIC’s Director ...