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Nigeria’s Central Bank is slowing down plans for further interest rate reductions as global inflation concerns and economic uncertainty continue to shape monetary policy decisions....
The Central Bank of Nigeria intensified its liquidity control efforts in May after attracting massive investor interest in Open Market Operations bills, with total sales hitting N5...
Nigeria’s foreign exchange market showed greater stability in April 2026 as the naira strengthened against the United States dollar, supported by aggressive liquidity-control measu...
Nume Ekeghe writes on the Central Bank of Nigeria’s quiet but strategic engagement with virtual asset service providers, and how the move is aimed at strengthening financial sys...
• Urges customers not to fret, continue regular transactions •Apex bank sets up payments committee to fast-track industry reforms •NCC, NDIC, SEC are key committee members Nume E...
The CBN donates an FM-200 fire suppression system to the Kwara fire service to enhance emergency response and protect critical infrastructure in the state. Read More: https://punc...
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has cautioned against renewed pressure on the apex b
The decision comes after the central bank earlier reduced the Monetary Policy Rate (MPR) by 50 basis points in February, bringing it down from 27 per cent, a level it had held stea...
Behind the CBN’s calm rate pause lies rising fear over inflation, political spending, and economic stability, writes Festus Akanbi The Central Bank of Nigeria’s (CBN) decision to r...
The Central Bank of Nigeria (CBN) and commercial banks are reviewing the large number of transaction alerts sent to customers and the complaints about bank charges.
The Central Bank of Nigeria has warned lenders against taking on excessive risk following the completion of the banking sector recapitalization program, urging a stronger focus on...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 26.5 percent, maintaining the benchmark interest rate at its...
• Banks now well-positioned to support economic growth, withstand domestic, external shocks, says Cardoso • Declares all banks fully operational to customers •Reveals 72.55% of ca...
This approach is designed to help banks quickly detect potential fraud while giving customers an opportunity to clarify any issues.
The Central Bank of Nigeria has extended the enforcem
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