News
FATF Removes 4 Countries From Watchlist
The FATF removed South Africa, Nigeria, Mozambique, and Burkina Faso from its “Jurisdictions under Increased Monitoring” list, commonly known as "the gray list."
Nigeria
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Economics, Policy & Regulation
Nigeria’s Vista Bank Approved To Start Operations In France
Vista Bank, a digital-first Nigerian lender, has received regulatory approval from France’s Prudential Supervisory Authority (ACPR) to establish operations in...
Transaction Banking
Nigeria: Automation Will Add Forex Transparency
Nigeria’s central bank will automate foreign exchange (FX) trading starting in December, replacing the decade-old over-the-counter system to enhance transparency...
Economics, Policy & Regulation
Central Banker Report Cards 2024: Africa And The Middle East
Algeria Salah-Eddine Taleb: C+ Africa’s largest natural gas producer posted a 4.1% growth last year. The Bank of Algeria (BoA)...
Nigeria
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Nigeria economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Nigeria best banks and safest banks are also available.
Banking
Nigeria: Lenders Race To Meet New Capital Targets
Lenders have begun raising additional capital to meet new targets set by the Central Bank of Nigeria, which has given...
Capital Raising & Corporate Finance
Nigeria’s Access Bank Seeks To Buy National Bank Of Kenya
Nigeria’s financial powerhouse, Access Bank, looks to shake up Africa’s banking landscape by acquiring the National Bank of Kenya (NBK)....
Economics, Policy & Regulation
Nigeria: Treacherous Terrain
Nigeria’s diversified, resource-rich economy beckons investors. But in the absence of major reforms and an economic development agenda, direct and...
Banking
Nigeria’s Biggest Bank Gets Female CEO
When Access Holding Co. of Nigeria announced the appointment of Bolaji Agbede as acting group CEO following the death of...
Features
African Fintech: Untapped Potential
After exponential growth over the past decade, African fintech hits a slowdown in 2023.
Emerging & Frontier Markets
Central Bank Governor Out As Nigeria Shifts To Floating Exchange Rate
The move, which economists deem positive, is a prelude to needed monetary reform.
Capital Raising & Corporate Finance
Nigerian Banks Adopt Holding Company Structures
Shifting to a holding company allows the parent company to coordinate and manage all the units.