The Central Bank of Nigeria (CBN), under the leadership of Governor Yemi Cardoso, has taken decisive action against loan defaulters…
Category: Banking
Tinubu Urged to Decentralize Pipeline Protection
Leaders from the Coalition of Niger Delta Ethnic Nationalities (CNDEN) have called on President Bola Ahmed Tinubu to decentralize contracts…
Nigeria’s Foreign Reserves Reach $50 Billion
Nigeria’s gross foreign reserves have risen to approximately $50 billion, reaching the highest level since January 2009. This announcement was…
CBN Reports 30 Banks Have Recapitalised
The Central Bank of Nigeria (CBN) has announced that 30 banks have successfully met the new minimum capital requirements implemented…
Togo Banking Sector Records Historic Surplus in 2025
Togo banking continues to record remarkable progress, with recent data showing strong reserves and growing investor confidence. The Central Bank…
CTG Sector Revival Brings Fresh Hope to Nigeria’s Industrial Future
The CTG sector is finally gaining renewed attention as the federal government takes action to restore its former glory. Through…
Togo Makes a Strong Comeback in Public Savings with Successful Treasury Bond Issue
Togo has made a remarkable return to the West African Monetary Union (WAMU) government securities market after nearly two months…
Togo’s Financial Revolution: Seven Banks Join UEMOA Instant Payment System
In a groundbreaking move, seven Togolese financial institutions have joined the UEMOA Interoperable Instant Payment System Platform (PI-SPI). This initiative,…
CBN Ends Pandemic-Era Reliefs, Orders Banks to Submit Capital Restoration Plans Quarterly
As part of its broader effort to restore financial sector discipline and unwind COVID-19-era relief measures, the Central Bank of…
BoI MD Advocates Youth-Led Industrialization for Nigeria’s Sustainable Development
Dr. Olasupo Olusi, the Managing Director and CEO of the Bank of Industry (BoI) Limited, has emphasized the potential of…