More BVNs Are Being Flagged for Fraud. Here’s What the Data Shows
Nigeria ended 2025 with 13,117 Bank Verification Numbers on its fraud watchlist, a 38.4% increase from 9,476 a year earlier, as regulators […]
Tag: CBN
What Does Nigeria’s $90.2bn Net Foreign Liability Position Really Mean?
Nigeria’s net foreign liability position widened to $90.2 billion in 2025, up from $82.7 billion in 2024, as foreign claims on Nigerian […]
Naira Strengthens Against Dollar as FX Market Liquidity Improves
The naira has gained against the US dollar despite a stronger greenback globally, supported by improved FX liquidity, rising reserves and stronger market confidence.
CBN’s 20% Holdco Rule Could Force Eight Banks to Raise N1.74trn
Eight of Nigeria’s largest banking groups may need to raise about ₦1.74 trillion in fresh equity if the Central Bank of Nigeria […]
Nigeria Targets ₦530tn GDP and $58bn in Reserves by December
Nigeria’s economy could reach a nominal value of about ₦530 trillion by the end of 2026, as reforms, stronger exports and improved […]