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Money
Sanwo-Olu, Fashola, Key Policy Leaders Advocate for Alternative Finance as Nigeria’s Growth Engine
The Alternative Bank (AltBank), on Thursday, hosted investors, entrepreneurs, wealth creators and institutional decision-makers to a private intelligence forum held in Victoria Island,...
Cardoso, Okonjo-Iweala to Headline 7th Africa Emerging Markets Forum
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, and the Director-General of the World Trade Organisation (WTO), Dr. Ngozi...
UBA Announces Tony Elumelu’s Retirement, Appoints Emmanuel Nnorom as Group Chairman
United Bank for Africa Plc has announced that Mr. Tony Elumelu, Group Chairman of UBA, will retire from the Board of Directors of...
CBN Revokes Licences of 46 Microfinance Banks
BY NKECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks with effect from July 1, 2026,...
Nigeria’s Inflation Rises for Third Consecutive Month, Hitting 15.93% in May 2026
BY NKECHI NAECHE-ESEZOBOR—Data released by the National Bureau of Statistics (NBS) shows that Nigeria’s annual headline inflation rate rose for the third consecutive...
Nigeria’s Inflation Rate Rises to 15.69% in April 2026 – NBS
BY NKECHI NAECHE-ESEZOBOR—The National Bureau of Statistics (NBS), has said that Nigeria’s headline inflation rate increased to 15.69% in April 2026, when compared...
CBN Introduces Revised Foreign Exchange Guide for Improved Market Efficiency
The Central Bank of Nigeria has introduced the fourth edition of its Foreign Exchange Handbook as part of efforts aimed at improving openness,...
Reaffirms Commitment to Stronger Shariah Governance in Non-Interest Finance Sector
BY NKECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN) has reaffirmed its commitment to strengthening Shariah governance, regulatory clarity, and risk management within the...
