The Central Bank of Nigeria has warned state governments against excessive dependence on overdrafts and short-term borrowing, saying poor fiscal discipline could threaten Nigeria’s economic reforms and inflation control efforts. The warning was issued during an engagement between the apex bank and sub-national stakeholders held through the Nigerian Governors’ Forum Secretariat in Abuja. According to…
The Central Bank of Nigeria (CBN) has concluded its 2026 banking recapitalisation programme, with 33 banks raising a total of ₦4.65 trillion in fresh capital. The exercise, which ended on March 31, 2026, is one of the largest capital-raising efforts in the history of Nigeria’s banking industry. According to the CBN, the banks have now…
OPay has been named the Most Trusted Quality Mobile Money and Digital Financial Services Company of the Year at the 2026 ISO World Corporate Brand of the Year Awards. The award ceremony was held on Thursday, April 9, 2026, at the Providence Hotel in Ikeja, Lagos, bringing together key players and innovators across various industries….
