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 Central Bank of Nigeria has approved the Nigeria Foreign Exchange (FX) Code, which is designed to promote ethical conduct ...

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

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 ...

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

The Naira recorded its first appreciation against the Dollar at the parallel foreign exchange market since the commencement ...

Keystone Bank has confirmed that it is now fully owned by FG, stating that the takeover will enhance its stability ...

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 ...

The wedding was grand, a spectacle of culture and tradition. Guests arrived adorned in dazzling aso-oke head ties, regal ...

Heineken Lokpobiri, the Minister of State for Petroleum Resources (Oil) has confirmed that the plan for the commencement of Africa Energy Bank is completed.

Keystone Bank has confirmed that it is now fully owned by the Federal Government of Nigeria.The bank disclosed this in a statement on its X account (formerly Twitter) Tuesday evening, following a ...