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Tag: Financial Stability

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CBN, Brazil Central Bank boost strategic ties on fintech and remittances

The Central Bank of Nigeria (CBN) and Brazil’s Central Bank have opened a new chapter in economic diplomacy as both institutions deepen collaboration on...

CRMI: Shettima, Edun drive bold national risk culture at conference

Nigeria’s Vice President, Kashim Shettima, alongside Minister of Finance Wale Edun, Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, and President of...

NDIC Begins N54.6bn Payout to Heritage Bank Depositors

In a landmark development marking progress in Nigeria’s banking resolution efforts, the Nigeria Deposit Insurance Corporation (NDIC) has announced the successful disbursement of ₦54.62...

CBN Suspends Dividends, Foreign Investments for Underperforming Banks

A step to fortify Nigeria’s banking system and promote financial stability, the Central Bank of Nigeria (CBN) has issued a directive halting dividend payments,...

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