Nigeria’s central bank tightens oversight after $3.4bn recapitalization surge

CBN warns banks against excessive risk-taking following the ₦4.65 trillion capital surge.

Boards must recalibrate risk frameworks to ensure long-term stability and value creation.

Capital allocation should prioritize productive sectors like infrastructure and trade facilitation.

Banks undergoing post-recapitalization stress test against macro-economic headwinds

Nigeria’s central bank tightens oversight after $3.4bn recapitalization surge

CBN warns banks against excessive risk-taking following the ₦4.65 trillion capital surge.

Boards must recalibrate risk frameworks to ensure long-term stability and value creation.

Capital allocation should prioritize productive sectors like infrastructure and trade facilitation.

Banks undergoing post-recapitalization stress test against macro-economic headwinds

Economy

South African manufacturing slumps 2.8% as industrial contraction deepens

Politics

Kenya rejects UN claims of sexual abuse by Haiti mission officers

Energy

Goldman Sachs slashes Q2 oil forecasts following U.S.-Iran ceasefire

Economy

Middle East aftershocks: World Bank slashes Africa growth forecast as Iran war blunts recovery

Economy

Kenya central bank ends 22nd-month easing streak as 40-day Iran war sends oil shocks to Nairobi

Energy

Nigeria: Polaris, Union, Keystone bank miss central bank recapitalization; faces regulatory limbo

Finance

Naira maintains stability near N1,389/USD as market convergence persists

Energy

Nigeria: Dangote refinery gets more domestic crude amid Energy vitality

Beyond the Red Carpet: The UK State Visit is an Investment in Nigeria’s Future

24 March 2026

South Africa to scrap its prime lending rate with central bank policy rate

18 February 2026

Nigeria Industrial Giant BUA Partners Abu Dhabi’s AD Ports to Revolutionize West African Logistics

17 February 2026

Nigerian Breweries Swings Back to Profitability in 2025 After 2 years losing streak

13 February 2026

AU Summit: Nigeria Secures Permanent Seat on African Central Bank Board

13 February 2026

Nigerian Naira anchors as foreign reserves hit 8-year peak of $47b

10 February 2026

Economy

OPEC+ eight-member bloc extends voluntary Oil production cuts through June 2026

Economy

Nigeria’s crude Oil output hits 1.84mbpd as Finance Minister commends regulator

Economy

World Bank: climate resilience and private investment key to Zambia’s economic future

Economy

Nigeria concludes banking recapitalization with ₦4.65 trillion boost to financial system

Economy

Ghana Inflation drops to 3.2% in March, marking 15th consecutive monthly decline

Economy

Nigeria passes ₦68.30 trillion 2026 budget to drive infrastructure and economic reset

Economy

Kenya’s Inflation edges up to 4.4% in March amid rising food costs

Economy

Afreximbank secures record $2 billion syndicated loan to bolster African trade

Business

Nigeria scraps FX limits, grants oil firms 100% access to export proceeds

Business

Kenya Airways reverses profit with 17.93 billion Shilling pre-tax loss in 2025

Business

Nigeria Launches Digital Portal to Slash Port Delays by 60%

Business

Nigeria’s stock regulator issues 6-Week ultimatum for broker recapitalization plans

Business

Ghana’s central bank eases policy rate to 4-year low on favorable macro conditions

Business

Nigerian businesses signal resilient optimism amid high operational costs

Business

World Bank bans PwC Rwanda, regional affiliates for 21 months over fraud

Business

MTN Group swings to $2.8Billion annual profit amid data, fintech surge

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