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Insecurity, Power Outages Top Concerns for Businesses – CBN

Insecurity, Power Outages Top Concerns for Businesses - CBN Businesses across Nigeria identified inadequate electricity supply and insecurity as their most pressing operational challenges in March 2026, despite maintaining a broadly positive outlook on the economy, according to the latest Business Expectations Survey released by...

CBN Plans DFI Recapitalisation to Bridge MSME Credit Gap

The Central Bank of Nigeria (CBN) has announced plans to recapitalise and restructure development finance institutions (DFIs) to address a widening funding gap for micro, small and medium enterprises (MSMEs).

CBN Recapitalisation Milestone and New Realities, by Kabir Abdulsalam

When the Central Bank of Nigeria announced the successful completion of its latest banking recapitalisation exercise, the headline number was hard to ignore: ₦4.65 trillion raised by Nigerian banks ahead of the March 31, 2026 deadline.

Nigerian Banks are Ready for a Trillion-dollar Economy, by Rahma Olamide Oladosu

Nigerian Banks are Ready for a Trillion-dollar Economy, by Rahma Olamide Oladosu   Nigeria has entered a new era in its financial history. The recent banking recapitalisation exercise, completed by March 31, 2026, marks one of the most ambitious financial reforms in decades, positioning the country’s...

Banks Raise ₦4.65trn as CBN Ends Recapitalisation Drive

The Central Bank of Nigeria (CBN) has announced the successful conclusion of its banking sector recapitalisation programme, with Nigerian banks raising a total of ₦4.65 trillion over a 24-month period to strengthen the financial system and support economic growth.

CBN Sees Economic Shift as Inflation Eases, Reserves Hit $50bn

CBN Sees Economic Shift as Inflation Eases, Reserves Hit $50bn The Central Bank of Nigeria (CBN) has signalled a gradual economic reset, attributing improvements in inflation, foreign reserves, and investor confidence to its monetary and financial sector reforms. Speaking at the CBN Special Day during the...