Money Market
CBN governor says regulatory, judicial challenges slowing some banks’ recapitalisation
By Abiodun Folarin WorldStage-- Governor of the Central Bank of Nigeria (CBN) Olayemi Cardoso, has said the remaining banks yet...
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Moniepoint partners with tell.money to roll out confirmation of Payee for UK market
Moniepoint Inc. (“Moniepoint” or the “Company”), Africa's all-in-one financial ecosystem platform for individuals, businesses, and their customers, today announces a...
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UPDATED: CBN holds interest rate at 26.5% as inflation, global tensions keep pressure on economy
By Abiodun Folarin WorldStage-- The Central Bank of Nigeria has retained the country’s benchmark interest rate at 26.5 per cent,...
Read moreDetailsCBN’s MPC retains Monetary Policy Rate at 26.5%
WorldStage-- The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained Monetary Policy Rate (MPR) at...
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Sterling Financial Holdings awaits regulatory approval as 0.89 debt-asset ratio threatens long-term obligations
WorldStage-- Sterling Financial Holdings Company Plc, which NGX designated ‘awaiting regulatory approval” in April, released its 2025 audited financial statement...
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First HoldCo: Owotuga transmutes within hours to executive director
WorldStage-- Julius B. Omodayo-Owotuga transmuted from a non executive director on First Hold Co PLC board to executive director in...
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Access Holdings hits by capital inadequacy, as CBN disapproves dividend due to over-exposure to foreign risk
WorldStage-- Access Holdings Plc held off paying dividend for 2025 because of disapprovals—guidelines CBN enforces when a financial holding company’s...
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Alternative Bank finances local pharmaceutical production to curb medicine security crisis
The Alternative Bank has unveiled plans to tackle Nigeria’s medicine security challenges through targeted financing for local pharmaceutical manufacturing, distribution,...
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Fidelity Bank’s profit shrinks by 12.42% as interest expenses, funding costs soar
By Bamidele Famoofo WorldStage-- Fidelity Bank Plc, one of Nigeria's largest banks, with a strong presence across the country, delivered...
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CBN, FRACE deepen governance framework for non-interest financial institutions
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to strengthening Shariah governance, regulatory clarity, and risk management in...
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