Foreign Inflows Jump 78% On NGX Amid Rising Outflows
The Nigerian Exchange Limited (NGX) recorded a significant shift in foreign investment activity in the first quarter of 2026, Q1’26, as foreign inflows surged...
Naira Appreciates To N1,387/$ In Parallel Market
The Naira yesterday appreciated to N1,387 per dollar in the parallel market from N1,389 per dollar last week Friday. But the naira depreciated to N1,349.7...
Recapitalisation: 12 Insurance Firms In Tight Corner
•Regulator insists on the deadline •Some insurers consider scaling down As the July 31 deadline given to insurance companies to meet the recapitalisation requirement draws near, indications...
Dollar To Naira Exchange Rate Today, April 16, 2026
The Nigerian Naira demonstrated a firming trend against the United States Dollar in the early hours of Thursday, April 16, 2026, as increased market...
Why Strengthening Nigeria’s Banks Matters
“The recapitalisation programme has strengthened the capital base of Nigerian banks, reinforcing the resilience of the financial system and ensuring it is well-positioned to...
33 Banks Now Bigger, Stronger
The recent recapitalisation exercise led by the Central Bank of Nigeria, CBN, which saw 33 deposit money banks raise an impressive N44.65 trillion, is...
CBN Wraps Up Recapitalisation As 33 Banks Raise N4.65trn
The Central Bank of Nigeria (CBN) has announced the completion of its banking sector recapitalisation programme, revealing that 33 deposit money banks collectively raised...
CBN Tightens Digital Safety Net, Gives Banks And Fintechs 3 Weeks To Boost Cybersecurity Transparency
The Central Bank of Nigeria has directed banks and other financial institutions to submit detailed reports on their cybersecurity frameworks within three weeks, as...
Sterling Bank Charts Way Forward For Nigeria’s Transport, Logistics Sector
Sterling Bank, industry leaders, policymakers, financiers, innovators convened, have charted away forward towards improving Nigeria’s transport and logistics sector. The stakeholder at the inaugural Nigeria...
CBN Removes Cash Pooling Requirement For IOCs
THE Central Bank of Nigeria (CBN) has removed the Cash Pool requirement for export proceeds of International Oil Companies (IOCs). The decision was conveyed in...
