Weekly Newsletter
Excepteur sint occaecat cupidatat non proident
Financial Policy and Regulation Department
Why Central Bank of Nigeria increased minimum capital requirements for banks
By Chioma Obinagwam Nigeria’s apex bank, the Central Bank of Nigeria (CBN), had announced increased minimum capital requirements for banks. According...
Nigeria’s central bank adjusts interest rates on intervention facilities
Nigeria’s apex monetary authority, the Central Bank of Nigeria (CBN) has reverted its earlier five per cent interest rate on all its intervention...
Firms, individuals without TIN, BVN will stop getting credit– CBN
The Central Bank of Nigeria (CBN) has mandated commercial banks to stop lending to firms without Tax Identification Number (TIN) and individuals not...
Don't Miss
Moniepoint hits ₦1trn milestone in SME Loans, marks 10 years of empowering small businesses
By Chioma Obinagwam Moniepoint Inc., Nigeria’s definitive platform for small businesses and Africa’s all-in-one financial ecosystem, today released its 2025 Year in Review,...
Why Nigeria’s Banks Still on Shaky Ground with Big Profits, Weak Capital
By Blaise UdunzeDespite the fragile 2024 economy grappling with inflation, currency volatility, and weak growth, Nigeria’s banking industry was widely portrayed as successful...