Bank Customers' Complaints Rise by 143% as CBN Resolves 9,771 Cases   The Central Bank of Nigeria (CBN) said it resolved 9,771 out of 10,704 bank customers’ complaints in the first half of the year (H1’25). CBN disclosed this in its latest Financial Stability Report, noting that...

Tight Monetary Policy Slashes Inflation by 10% - CBN   Nigeria’s sustained monetary tightening has played a central role in slowing inflation, with research estimates showing that the Central Bank of Nigeria’s policy stance accounted for as much as 10 percentage points of the decline in...

W/Bank Forecasts 4.4% GDP Growth for Nigeria, Highest in Over a Decade ‎ ‎Nigeria’s economy is poised for its strongest expansion in over a decade, according to the latest Global Economic Prospects report released by the World Bank. The report projects a robust 4.4% GDP growth...

Bank Services VAT is Not New - FG The Federal Government said on Thursday that value-added tax on banking services is not a new policy, after reports suggested the levy had recently been introduced on electronic money transfers and other transactions. The clarification followed public complaints...

Nigeria Infrastructure Debt Fund Records N23.63bn Profit   The Nigeria Infrastructure Debt Fund has reported a profit of N23.63bn for the year ended 31 December 2025, up from N19.59bn recorded in the same period in 2024. The fund, which invests in infrastructure loans across the country,...

Nigeria Removed from EU's Financial Crime High-Risk List   The European Union has officially removed Nigeria from its list of high-risk jurisdictions for money laundering and terrorism financing, a decision expected to ease cross-border transactions and improve investor confidence. The update was published on the European Commission’s...