
Nineteen Nigerian banks have fulfilled the Central Bank of Nigeria’s (CBN) recapitalization requirements as of January 6, 2026, six weeks before the March 31 deadline, according...

Central Bank of Nigeria (CBN), on Tuesday, raised the Monetary Policy Rate (MPR) or interest rate from 18.5 percent to 18.75 percent. Folashodun Shonubi, acting CBN...