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...
CBN Blacklists Major Loan Defaulters, Restricts Credit Access
The Central Bank of Nigeria (CBN) has officially restricted banking services for “chronic defaulters” and large-ticket obligors with non-performing loans.
In a sweeping move to enforce credit discipline and safeguard the nation’s financial system, the apex bank issued...
Under the leadership of Olayemi Cardoso, the Central Bank of Nigeria launched an ambitious recapitalization program designed to fortify the banking sector against global shocks and domestic volatility.
The Central Bank of Nigeria (CBN) has warned that rising election-related spending and potential oil price shocks could pose upside risks to Nigeria’s inflation outlook.
