Banking

In a statement relayed by Vanguard, Nigeria’s Securities and Exchange Commission has directed capital market operators to renew their registration within January 2026, while also pushing digital upgrades to licensing…

CBN figures show formal remittance inflows via IMTOs falling, raising fresh questions about FX liquidity and incentives to route money through official channels.

From a brief by The Punch, Regent Microfinance Bank says it has passed the ₦10 billion mark in cumulative MSME loan disbursements, positioning the milestone as part of its push to close Nigeria’s credit gap for small…

In an update published by Channels TV, Nigerian commercial banks have begun the full enforcement of mandatory Tax Identification Numbers (TIN) for both new...

Figures cited by PUNCH show the Central Bank of Nigeria expects external reserves to climb to about $51.04bn in 2026, up from a projected $45bn in 2025, based on assumptions about …

The Punch reports PenCom has extended the deadline for pension operators to meet revised minimum capital requirements, easing near-term compliance pressure.

Analysts project AI will drive real-time risk pricing and fraud detection in Nigeria's 2026 banking sector.

FirstBank says its ATMs will be enabled to accept foreign-issued cards in line with a CBN directive aimed at improving international card usability in Nigeria.

Nigeria’s banking sector NPLs rose to about 7% after the CBN withdrew COVID-era regulatory forbearance, breaching the 5% prudential limit.

CBN has directed banks to enable smoother foreign-card use across ATMs and POS while requiring multi-factor authentication above specified limits.