Tax Reform: What’s true, What’s Not
By PEB NIGERIA’S fiscal landscape underwent a seismic shift on June 26, 2025, when President Bola Tinubu signed four landmark Tax Reform Bills into law: the Nigeria Tax Act, Nigeria…
How CBN tackled year-end cash scarcity with reforms, regulation
By Kingsley Michael The Central Bank of Nigeria (CBN) is reinforcing operational discipline ensuring that the financial system serves all Nigerians reliably by making cash available at all times. A…
Banks closed 229 branches
Nigeria’s banking industry shut 229 physical branches in one year as customers increasingly turned to Point of Sale terminals for their daily transactions.This is according to the Central Bank of…
Yuletide: Banks caution customers against holiday frauds
Banks have warned their customers to be wary of fraudulent activities during the seasonal festivities. The warning was contained in emails and content on their social media pages, which advised…
FG flags 15.2 million constructed homes as structurally unsafe
The Federal Government has revealed that 15.2 million Nigerian homes are structurally unsafe, highlighting a severe housing crisis across the country. In a post on the ministry’s X handle recently,…
Non Compliance: CBN revokes two mortgage banks’ licenses
The Central Bank of Nigeria, CBN, has revoked the operational licenses of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc as part of efforts to strengthen…
The CBN, Bank Interest and 2026 SMEs
By GEB The performance of the Central Bank of Nigeria (CBN) in the management of monetary policy in recent times deserves some measure of commendation. This is in respect of…