Fitch Ratings has said Nigerian banks are making progress in recapitalisation, ensuring compliance with CBN’s 2026 deadline and supporting business growth.

The Central Bank of Nigeria (CBN) has announced a revised framework for Automated Teller Machine (ATM) transaction fees, eliminating free interbank withdrawals and introducing charges of up to N600 ...

According to the latest directive from the Central Bank of Nigeria (CBN) effective March 1, 2025, bank customers will no ...

Only two banks have so far been able to meet the new capital requirements prescribed by the Central Bank of Nigeria (CBN), with most of the other banks still ...

The rise of the US dollar has crashed the Nigeria naira by 0.7% in the official market, depreciating by N11 to a dollar and ...

Fitch Ratings, a leading provider of credit ratings, commentary and research, has said that Nigerian third-tier banks are more likely ...

The federal government has officially taken full ownership of Keystone Bank Limited after the Lagos state special offences court approved the forfeiture of shares previously held by its former ...

According to Muhammad Jibrin Barde, an economist and politician, Muhammad Jibrin Barde despite these efforts, structural challenges ...

The Central Bank of Nigeria (CBN) has announced an upward review of automated teller machine (ATM) withdrawal charges, a ...

Fitch Ratings has said tier-3 banks in Nigeria are more likely to resort to mergers and acquisitions or downgrade their licences as they struggle to meet the Central Bank of Nigeria’s new paid-in ...

The Nigerian government has assumed full control of Keystone Bank following a court order which forfeited the N6.3 billion shares held by the bank's former owners.