Banking and Finance

Full list: CBN revokes licences of 46 microfinance banks

THE Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks nationwide over their failure...
Mustapha USMAN -

Zenith Bank faces criticism after N1.24trn loan write-off linked to repayment failures

By Odinaka Anudu ONE of Nigeria’s biggest lenders, Zenith Bank, wrote off loans totalling N1.24 trillion in 2025 after it...
Editorial -

BVN restriction: data privacy lawyers sue CBN over ‘one-time’ phone number update rule

LEGAL experts and data privacy advocates under the auspices of the Incorporated Trustees of the Data Privacy Lawyers Association...
Zainab ABDULRASAQ -

‘It’s fake’: CBN dismisses Polaris bank liquidation claim

THE Central Bank of Nigeria (CBN) has debunked rumours suggesting that Polaris Bank is undergoing liquidation, while affirming that...
Harrison EDEH -
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Don’t panic, CBN tells Union, Keystone, Polaris depositors over recapitalisation

ALTHOUGH the March 31st deadline for their recapitalisation was not met, the Central Bank of Nigeria (CBN) has advised depositors...
Harrison EDEH -

Why CBN deputy governor, Bala Bello, was ‘sacked’

By Sunday Micheal Ogwu THE Central Bank of Nigeria (CBN) erupted in jubilation following the ‘sacking’ of Deputy Governor, Operations Directorate,...
Editorial -
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