Financial Institutions’ Credit To Private Sector Drops To N77.83trn
Financial institutions’ credit to the private sector declined slightly in the month of May 2025 to N77.83 trillion, this is ...
Tag: Central Bank of Nigeria (CBN)
Reps Direct CBN To Remit N3.64trn To FG In 2 Weeks
House of Representatives has directed the Central Bank of Nigeria (CBN) to remit N3.64 trillion to the federal government within ...
Reps Give CBN 2-week Ultimatum To Remit N3.64trn To Federal Gov’t
The House of Representatives has directed the Central Bank of Nigeria (CBN) to remit the sum of N3.64 trillion to ...
Banks Raise N2.03trn As Recapitalisation Deadline Nears
Deposit money banks (DMBs) have raised about N2.03 trillion cumulative fresh capital as they are working towards meeting the March ...
CBN’s Dividend Suspension Threatens Banks’ Capital Raising Drive – Market Operators
Nigeria’s tier 1 banks are expected to suspend dividend payout over the next three years following the Central Bank of ...
CBN Affirms Banking Sector Strength, Issues Routine Transitional Guidance
As part of its ongoing efforts to strengthen the banking system, the Central Bank of Nigeria (CBN) has introduced time-bound ...
Banking Stocks Plummet On CBN’s Directive To Suspend Dividends, Bonuses
Following the Central Bank of Nigeria (CBN) directive suspending dividend payments, bonus disbursements, and offshore investments for banks under regulatory ...
CBN Halts Dividends, Bonuses In Forbearance-Benefitting Banks
The Central Bank of Nigeria (CBN) has directed all banks currently under regulatory forbearance to suspend the payment of dividends ...
NMFB Clarifies ABP Disbursement, Says It Released ₦51bn, Not ₦215bn
NIRSAL Microfinance Bank (NMFB) has formally debunked media reports suggesting it disbursed ₦215 billion under the Central Bank of Nigeria ...
Recapitalisation Deadline: BDCs In Talks With CBN, Seek Extension To Dec 31
Seven days after the expiration of the June 3, 2025 deadline for Bureau De Change (BDC) recapitalisation, operators in the ...
