banking sector

Banks tighten fraud checks as consumer lending slows
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Banks tighten fraud checks as consumer lending slows

Nigeria’s banking industry tightened its grip on fraud in 2025, flagging thousands more Bank Verification Numbers (BVNs) for suspected fraudulent…
CBN cuts interest rate to 27% after months of holding steady    
Business

CBN cuts interest rate to 27% after months of holding steady    

For the first time this year, the Central Bank of Nigeria has nudged interest rates down. The Monetary Policy Committee…
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