N2.06tn in Personal Loans Highlights Growing Pressure on Nigerian Households
Personal loans obtained by Nigerians rose to an estimated N2.06tn in May…
AG Mortgage Bank Posts 130% Profit Surge, Assets Hit ₦33.04bn
AG Mortgage Bank Plc recorded a sharp improvement in its 2025 financial…
Tinubu Orders Banks to Shift Loans From Government to Businesses
President Bola Ahmed Tinubu has urged Nigerian banks to reduce their reliance…
CBN Revokes Licences of 46 Microfinance Banks Nationwide
The Central Bank of Nigeria (CBN) has revoked the operating licences of…
Experts Back Jim Ovia’s Claim as Real Estate Outpaces Traditional Savings
Recent comments by former Zenith Bank Chairman, Jim Ovia, suggesting that real…
Nigeria Records $10.37bn Capital Importation in Q1 2026, Up 83.8% Year-on-Year
Nigeria attracted $10.37 billion in capital importation during the first quarter of…
Abbey Mortgage Bank Declares N1.2bn Dividend Payout To Shareholders
Abbey Mortgage Bank Plc has announced a N1.2 billion dividend payout, translating…
Cash Outside Banks Drops to ₦5.20trn as Liquidity Pressure Eases
Nigeria’s cash flow dynamics showed signs of stabilisation in February 2026, as…
CBN Debunks Fake N5,000 Banknote Claim, Warns Against Viral Currency Misinformation
The Central Bank of Nigeria (CBN) has dismissed viral claims circulating on…
Cardoso Unveils Strategic Priorities for 2026, Rules Out Deficit Financing
The Central Bank of Nigeria (CBN) has unveiled its policy direction for…