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...

The Windfall is Real, So is the Vulnerability By Abdulhaleem Ishaq Ringim Working in government means living simultaneously with two realities that the public debate tends to treat separately as the conversation regarding the impact of the US-Iran War continues. The first is fiscal: Nigeria’s 2026...

Manufacturers Grapple with 60% Lending Rates Despite CBN Easing Measures Manufacturers in Nigeria continue to face borrowing costs as high as 60 per cent despite recent monetary policy easing by the Central Bank of Nigeria, new data from the apex bank shows. The figures, detailing lending...

CBN Raises N4.65trn as Bank Recapitalisation Exercise Ends The Central Bank of Nigeria (CBN) has announced the conclusion of its recapitalisation exercise in Nigeria’s banking sector, targeted at boosting the resilience of the financial system. This was disclosed in a statement jointly signed by the CBN...

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 Orders Banks to Complete Cybersecurity Self-Assessment Within Five Weeks The Central Bank of Nigeria (CBN) has moved to strengthen cybersecurity oversight across the financial system, mandating banks and other regulated institutions to within three to five weeks, conduct a comprehensive self-assessment of their cyber...