Online News Magazine
Online News Magazine
DataPro Limited has released the May 2026 edition of its financial intelligence briefing, offering a comprehensive analysis of key developments shaping the global credit and risk rating landscape. The report combines macroeconomic insights, emerging regulatory trends, and historical perspectives to provide a clearer understanding of how credit evaluation systems are adapting to ongoing global financial […]
Africa’s Global Bank, United Bank for Africa (UBA) Plc has announced its audited financial results for the year ended December 31, 2025, recording total assets growth of 9.4 per cent to N33.2 trillion up from N30.3 trillion at the end of 2024, alongside an 11.8 per cent increase in customer deposits from N24.3 trillion in […]
Moniepoint Microfinance Bank (Moniepoint MFB) has reinforced its leadership in Nigeria’s agency banking sector, highlighting its proven track record and distinctive service model as key drivers of transformation, while pledging to deepen value creation across the ecosystem. Beyond delivering financial services, the bank continues to position itself as a homegrown technological backbone powering the real […]
The Central Securities Clearing System Plc (CSCS) has announced enhancements to its investor onboarding processes aimed at improving efficiency, strengthening service delivery, and enhancing the overall experience for participants in the Nigerian capital market. The enhancements are designed to support faster account creation, improve the processing of investor data, and enable more seamless interaction across […]
The Central Bank of Nigeria (CBN) has acknowledged the judgment delivered on Wednesday by the Federal High Court in Lagos regarding its regulatory action on Union Bank of Nigeria Plc (UBN) in January 2024. The apex bank said it is currently obtaining the Certified True Copy of the judgment for careful review, reiterating its unwavering […]
………Reaffirms Central Bank’s Focus on Corporate Governance The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has urged African financial regulators to strengthen cooperation in managing cross-border risks. He also restated the CBN’s commitment to entrenching robust corporate governance in Nigeria’s financial system. Speaking at the 4th Annual IMF/AFRITAC West 2 High-Level […]
Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said recent monetary and financial sector reforms have significantly strengthened Nigeria’s ability to withstand external shocks while restoring investor confidence. Speaking at the Africa Capital Forum in London on Tuesday during the state visit of President Bola Ahmed Tinubu to the United Kingdom, Cardoso told […]
The Central Bank of Nigeria (CBN) has reported steady progress in the ongoing recapitalisation of the country’s banking sector, a key reform introduced in 2024 to strengthen the resilience, stability, and long-term capacity of the financial system to support Nigeria’s economic growth. Since the rollout of the policy, banks across the industry have been taking […]
…As Cardoso Advocates Reforms to Unlock Nigeria’s Mineral Potential The Central Bank of Nigeria (CBN) has taken delivery of responsibly sourced gold refined to London Bullion Market Association (LBMA) Good Delivery standards into its foreign reserves. This brings the CBN’s total gold holdings to $3.5 billion, marking a significant step in its reserve diversification strategy. The gold, […]
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has disclosed that Nigeria recorded a significant rise in both gross and net foreign reserves at the close of 2025, underscoring renewed strength in the country’s external sector and the impact of ongoing monetary reforms. Following his disclosure at the post-Monetary Policy Committee […]
