Nigerian banks including GTB will close branches for the holiday and have urged customers to use ATMs, mobile apps, internet banking, and USSD channels.
Nigerian banks including GTB will close branches for the holiday and have urged customers to use ATMs, mobile apps, internet banking, and USSD channels.
The Chief Executive Officer of UBA, Oliver Alawuba has warned Nigerians that bank credit should not be seen as a gift or grant and must be repaid responsibly
According to CBN governor, Olayemi Cardoso, Nigeria attracted $20.98 billion in foreign capital inflows in the first ten months of 2025, due to forex reforms.
Nigeria’s broad money supply rose from N117.78 trillion in September to N119.04 trillion in October 2025, reversing the previous month’s slowdown.
The Central Bank of Nigeria orders all banks and financial institutions to withdraw misleading adverts immediately to ensure consumer protection.
The Nigerian currency has weakened across official markets due to rising year-end demand, declining inflows, and heightened corporate dollar obligations.
The Central Bank of Nigeria has confirmed that 16 banks have met recapitalisation targets ahead of the deadline, emphasizing financial sector stability.
The African Development Bank has approved a new $500 million loan for Nigeria, to support the country's ongoing energy reforms and fiscal policy improvements.
The naira has strengthened against the dollar as the Central Bank of Nigeria speaks on improved stability, narrowing market gaps, and growing investor confidence.
A House of Representatives committee has warned that Nigeria’s digital payment systems are vulnerable to cybercrime after its investigation into online payments
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