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CBN Urges Vigilance to Mitigate Banking Sector Credit Risks

Obinna Chima The Central Bank of Nigeria (CBN) has said the anticipated economic damage due to the COVID-19 pandemic requires vigilance to mitigate emerging risks...

CBN Tasks Fintechs on Financial Inclusion

Nume Ekeghe The Deputy Governor, Financial System Stability, Central Bank of Nigeria, Mrs. Aishah Ahmad, yesterday charged financial technology companies (fintechs) to contribute in the...

Stakeholders Drum Support for Agency Banking

Emma Okonji Stakeholders in the financial technology (fintech) space and the Central Bank of Nigeria (CBN), have called for increased adoption of agency banking in...

Banks’ Assets Rise to N39.0651tn

Obinna Chima The total assets of 11 commercial banks listed on the Nigerian Stock Exchange (NSE) stood at N39.065 trillion as at the end of...

Ahmad: Youths Must Cultivate Timely Savings, Investment Culture

James Emejo in Abuja The Central Bank of Nigeria (CBN) Deputy Governor, Financial System Stability (FSS), Aishah Ahmad has challenged youths in the country to...

CBN Charges Finance Houses to Imbibe Risk Mgt Principles

Obinna Chima The Central Bank of Nigeria (CBN) has advised operators of Finance Houses to ensure that they implement risk management principles in their firms. Deputy...

CBN Warns on Emerging Threats in Banking System

Industry’s capital adequacy ratio drops Obinna Chima The Central Bank of Nigeria (CBN) has warned commercial banks to guard against emerging risks in the financial system,...

Fintech Risks: CBN, CIBN Urge Risk Managers to be Vigilant

Nume Ekeghe As financial technology (fintech) continue to transform financial services globally, the Central Bank of Nigeria (CBN) and the Chartered Institute of Bankers of...

Despite Drop in NPLs, Banks Still Cautious about Lending

• CBN to underwrite $300m W’Bank housing finance loan Obinna Chima in Lagos and Ndubuisi Francis in Abuja The Central Bank of Nigeria (CBN) has revealed...