Banking & Finance

₦198 Billion Less Cash in Circulation: What the New CBN Numbers Mean

Recent data from the Central Bank of Nigeria show that cash held outside banks dropped by about ₦198 billion, while…

3 Min Read

Why a Big South African Bank Is Eyeing Nigeria and What It Means for You

While Nigerian banks have been going out to other African markets, a major foreign bank is now considering coming in…

5 Min Read

Global Fraud Hits $442B: How AI Is Helping Scammers Trick Everyone

Global financial fraud reached an eye-watering $442 billion in 2025, Interpol reports, with scammers increasingly using artificial intelligence to deceive people…

1 Min Read
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Latest Banking & Finance News

Are You a Lending Company Still Guessing Who to Trust? Here’s a Smarter Way to Lend

If you lend to SSMEs in Nigeria, this applies to you. Most…

2 Min Read

Razaq Okoya Eyes Polaris Bank Takeover Amid Recapitalisation Pressure

Polaris Bank is currently at the center of Nigeria’s ongoing banking sector…

2 Min Read

CBN Changes How You Receive Money from Abroad. Here’s What It Means

The Central Bank of Nigeria has directed all International Money Transfer Operators…

1 Min Read

Why Is FCMB Flying Under the Radar Even After Clearing ₦500 Billion Hurdle?

FCMB has just raised ₦500 billion to meet the Central Bank of Nigeria’s…

1 Min Read

Will Nigerian Banks Need More Capital? CBN Stress Test Puts Credit Strength Under the Microscope

Nigeria’s banking regulator, the Central Bank of Nigeria, says some banks may…

2 Min Read

Can Your Banking App Work on Only One Phone? Nigeria’s New Policy Explained

Nigeria’s financial regulator, the Central Bank of Nigeria, is reportedly pushing banks…

2 Min Read