cbn

Not all growth comes with gains, especially when it’s forced. The Central Bank of Nigeria’s new directive has put the brakes on banks’ dividend payouts, offshore investments, and bonuses, targeting lenders leaning on regulatory forbearance. But while aimed at sectoral stability, Premium Times...

The Central Bank of Nigeria (CBN) has barred financially distressed banks benefiting from regulatory leniency from paying dividends or bonuses, in a move aimed at stabilising the sector ahead of the 2026 recapitalisation deadline. No Dividends, No Bonuses: Banks under regulatory forbearance...

A parallel financial ecosystem worth $4 billion has been quietly building strength through regulatory innovation and growing sophistication, operating beyond the headlines that dominate conventional banking. Fitch Ratings forecasts a boom in Nigeria's Islamic finance sector from the second half...

Nigeria’s Monetary Policy Committee (MPC) is expected to maintain the 27.50% interest rate as inflation shows signs of easing. The decision is aimed at supporting naira stability amid global uncertainties and recent drops in food and core inflation. April headline inflation dropped to 23.71%...