Tag: CBN

FirstHoldco HQ Marina, Lagos
BusinessHot News

First HoldCo starts $1 billion share offer after CBN approval

First HoldCo begins its $1 billion share offer after CBN approval as it seeks fresh capital for banking and financial services growth.

Timilehin Adejumobi Timilehin Adejumobi
The Central Bank of Nigeria
BusinessTechnology

CBN mandates local data storage rules for banks, fintechs in Nigeria

CBN orders Nigerian banks and fintechs to store payment data locally by 2027, boosting oversight and financial transparency.

Oluwatosin Alao Oluwatosin Alao
The Central Bank of Nigeria
ExclusiveBusiness

Recapitalization explained—where Access, FCMB and others fit

Nigeria’s biggest banks are racing to lock in their future as new recapitalisation rules redraw the country’s financial map, separating lenders with regional ambitions from those positioning for global reach.

Editorial Team Editorial Team