The Bank of Industry (BoI) has unveiled a bold new strategy aimed at empowering 12 million artisans across Nigeria. This initiative seeks to enhance the […]
Category: Banking
AfCFTA: Cardoso Advocates for Increased Cohesion Among African Nations
In a recent address, Yemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), called for greater cohesion among African countries to fully realize […]
REA Partners with FCMB on N100 Billion Electricity Financing Initiative
The Rural Electrification Agency (REA) has announced a partnership with First City Monument Bank (FCMB) to launch a N100 billion financing scheme. This initiative aims […]
Cardoso’s Monetary Reforms at CBN Honored as a Model for Africa at Bankers’ Award
Yemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has received recognition at the recent Bankers’ Award for his impactful monetary reforms. These […]
CBN Enhances Banking Sector with New Regulatory Guidance
The Central Bank of Nigeria (CBN) has announced a set of new regulatory guidelines aimed at strengthening the banking sector and ensuring its resilience in […]
Court Reviews Contempt Proceedings Against CBN Governor Yemi Cardoso in Paris Club Refund Case
The ongoing legal proceedings involving the Central Bank of Nigeria (CBN) Governor, Yemi Cardoso, have drawn significant attention as a court hears contempt proceedings related […]
CBN Denies Reports of Extending BDC Recapitalization Deadline
The Central Bank of Nigeria (CBN) has officially refuted claims about extending the recapitalization deadline for Bureau de Change (BDC) operators. This clarification, issued on […]
Yemi Cardoso to Speak at AAM2025 in Abuja
Yemi Cardoso, the esteemed managing director of First Bank of Nigeria, has been announced as one of the guest speakers for the upcoming Africa Asset […]
Nigerian Banks Scramble to Meet CBN’s Recapitalization Mandate
With the Central Bank of Nigeria’s (CBN) March 31, 2026, deadline looming, Nigerian banks are in a race against time to meet the new minimum […]