22 h. ago After revision of Q4 2025 issuance calendar, CBN auctions N750bn T

The Central Bank of Nigeria (CBN) on Wednesday launched an ad hoc auction of N750 billion in Treasury Bills (T-Bills), following a revision of its Q4 2025 issuance calendar. The move came as the apex bank intensified efforts to manage liquidity, stabilise short-term interest rates, and support the Federal Government’s growing financing needs under the […]

Politics

23 h. ago Reps summon CBN gov over unremitted N16trn revenue into Federation Account

The House of Representatives on Wednesday passed a resolution to compel the Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, to appear before the House over allegations bothering on non-remittance of over N5 trillion Operating Surplus and N11 trillion government revenue into the federation account. Leading debate on the motion, Chairman, House Committee […]

Politics

42 h. ago Reps Summon Nigerian Bank CEOs Over Alleged Illegal Deductions

The Chief Executive Officers of commercial banks in Nigeria have been directed to appear in person before an investigative panel of the House of Representatives regarding alleged illegal and unexplained deductions from customers’ bank accounts. The summons was issued on Tuesday in Abuja by the House Ad-hoc Committee investigating deductions of taxes from the salaries […]

Politics

60 h. ago Cardoso charges ACGSF board to expand credit access for women, youth farmers

The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has urged the newly inaugurated Board of the Agricultural Credit Guarantee Scheme Fund (ACGSF) to intensify efforts toward deepening financial inclusion and strengthening oversight through robust monitoring and evaluation frameworks. Speaking at the inauguration of the Board on Tuesday in Abuja, Cardoso, who […]

Politics

62 h. ago Wema Bank Emerges Overall Winner For 4th Time At Nigeria Bankers Game 2025

Wema Bank has emerged overall Winner at the just-concluded Nigeria Bankers Game (NBG) 2025 Grand Finale, marking the bank’s fourth consecutive win at the sporting event, setting a new industry record. With a tally of nine gold medals, Wema Bank clinched victories across various categories, including Table Tennis (Female Singles, Doubles, and Mixed Doubles), Volleyball, […]

Politics

63 h. ago Cardoso launches new era for agric financing, inaugurates ACGSF board

flags sub-5% lending to farmers Olayemi Cardoso, governor, Central Bank of Nigeria (CBN) on Tuesday launched what he described as read more Cardoso launches new era for agric financing, inaugurates ACGSF board

Politics

66 h. ago CBN pushes new financial inclusion strategy to power economic growth

Philip Ikeazor, the Central Bank of Nigeria’s Deputy Governor for Financial System Stability, said financial inclusion must remain a core read more CBN pushes new financial inclusion strategy to power economic growth

Politics

66 h. ago 9PSB reaffirms commitment to innovation, financial inclusion at 5th anniversary

9 Payment Service Bank (9PSB), Nigeria’s first payment service bank, has marked its 5th anniversary with a commemorative event at read more 9PSB reaffirms commitment to innovation, financial inclusion at 5th anniversary

Politics

69 h. ago Access Bank named Nigeria’s ‘Bank of the Year 2025’ in London

Access Bank has reinforced its standing as one of Nigeria’s most influential financial institutions after winning the prestigious ‘Bank of read more Access Bank named Nigeria’s ‘Bank of the Year 2025’ in London

Politics

4 d. ago FCMB Group nine months profit rises 52 percent to N125.5bn despite FX losses

FCMB Group Plc has reported a strong financial performance for the first nine months of the year, posting a 52.3 percent rise in net profit to ₦125.5 billion, despite a reversal in foreign exchange (FX) gains that has weighed heavily on many Nigerian banks. The financial services group bucked the industry-wide trend of profit slowdown […]

Politics

4 d. ago Sector challenges persist after winding down N500bn power, airline intervention fund by CBN

Nigeria’s troubled power and aviation sectors continue to struggle despite the Central Bank of Nigeria (CBN) officially closing out its ₦500 billion Power and Airline Intervention Fund (PAIF)—one of its largest development finance programmes—14 years after its launch. The fund, approved by the Monetary Policy Committee (MPC) in 2010, was designed to address the economy’s […]

Politics

4 d. ago Coronation pushes project bonds to bridge infrastructure gap

Nigeria’s long-standing infrastructure deficit may finally find a scalable financing solution as Coronation Merchant Bank has called for the widespread adoption of project bonds to mobilise long-term private capital. In a new paper titled “Unlocking Capital for Infrastructure: The Case for Project Bonds in Nigeria,” Taiwo Olatunji,  Group Head of Investment Banking at Coronation Merchant […]

Politics

4 d. ago Jaiz Bank signs agreement with IILM as Africa’s first primary dealer

Jaiz Bank, the pioneer non-interest bank in Nigeria, has signed an agreement with the International Islamic Liquidity Management Corporation (IILM) for the Bank’s onboarding as an IILM Primary Dealer. The signing ceremony took place during the CBN–IILM Liquidity Management Capacity Building Conference in Abuja recently. Speaking during the event, Jaiz Bank Managing Director/Chief Executive Officer, […]

Politics

4 d. ago How Nigeria’s top banks transformed volatility into record profit

Nigeria’s banking industry has just delivered one of its most remarkable earnings seasons in years. Despite a turbulent macroeconomic backdrop read more How Nigeria’s top banks transformed volatility into record profit

Politics

5 d. ago NBCC, First Bank partner to promote business growth, bilateral engagements

The Nigerian British Chamber of Commerce (NBCC) and First Bank of Nigeria have collaborated to strengthen business development and enhance read more NBCC, First Bank partner to promote business growth, bilateral engagements

Politics

5 d. ago FBI: Nigerian ringleader of nationwide bank fraud, money laundering jailed in US

The Federal Bureau of Investigation (FBI) has announced the sentencing of Nigerian national O...

Events

6 d. ago I founded community bank in US to help minorities — Nigerian engineer, Ajimotokan

Meet Bolaji Ajimotokan, the Nigerian engineer who founded a community bank in the US to provide affordable financial services to minority communities. Read More: https://punchng.com/i-founded-community-bank-in-us-to-help-minorities-nigerian-engineer-ajimotokan/

Politics

6 d. ago AG Mortgage Bank eyes 2030 to become Nigeria’s largest Housing Finance Group

AG Mortgage Bank Plc (AGMB) has activated its 5-year transformational plan (2025-2030) with emphasis on the High 5s, namely: organisational read more AG Mortgage Bank eyes 2030 to become Nigeria’s largest Housing Finance Group

Politics

6 d. ago Wike, Dare, Others To Grace Abuja City Int’l Half Marathon As FCTA Issues Traffic Advisory

With just 24 hours remaining until the highly anticipated PremiumTrust Bank Abuja City International Half Marathon, excitement is building across Nigeria’s capital, Abuja. Top dignitaries and participating athletes are preparing for the event. The Minister of the Federal Capital Territory (FCT), Barrister Nyesom Wike, and the former Minister of Sports and Youth Development, now the […]

Politics

6 d. ago DBN stimulates youth entrepreneurship with N151bn as Kaduna innovation hub starts

The Development Bank of Nigeria (DBN) has announced a major shift in its innovation agenda, saying it has funded 260,000 read more DBN stimulates youth entrepreneurship with N151bn as Kaduna innovation hub starts

Politics