The Central Bank of Nigeria (CBN) has directed all commercial banks to conduct stress tests from April 1, 2026, as the March 31 recapitalisation deadline approaches.

‎The announcement by the Central Bank of Nigeria that it has received responsibly sourced gold refined to the Good Delivery standards of the London Bullion Market Association into Nigeria’s foreign reserves may appear like a routine financial update. In reality, it represents a strategic shift in how the country is positioning its financial safety net in a volatile global economy.

30 Banks Hit Recapitalisation Target Ahead of March Deadline   Thirty banks have met the new minimum capital requirements introduced under the Central Bank of Nigeria’s banking sector recapitalisation programme, the apex bank disclosed on Friday. The CBN said the recapitalisation exercise, launched in 2024 to strengthen...

Banks' Credit to Manufacturers Declines by 20% to N60.4trn   Nigerian deposit money banks disbursed a total of N60.35tn in credit to the manufacturing sector in the first nine months of 2025, a 20.44 per cent decline from the N75.86tn recorded in the corresponding period of...

When Professor Olayemi Cardoso assumed office as Governor of the Central Bank of Nigeria (CBN) in 2023, the Monetary Policy Committee (MPC) was stepping into one of the most turbulent periods.

Nigerian deposit money banks disbursed N36.39 trillion in credit to the Trade and General Commerce sector in the first nine months of 2025, according to Central Bank of Nigeria data.