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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 has launched an ambitious strategy aimed at expanding financial inclusion, strengthening digital payments, and accelerating the country’s transition tow...
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...
The Central Bank of Nigeria (CBN) has warned members of the public, businesses and financial institutio
The ministry will regulate CBN as a designated drug under the pharmaceutical and medical devices law through a revision of a relevant ordinance.
Nume Ekeghe Latest data from the Central Bank of Nigeria (CBN) has revealed that Currency Outside Banks (COB) rose to N5.19 trillion in May 2026, accounting for 91.3 per cent
Nigeria’s new CBN data rules mandate local storage of transaction data, accelerating investment in data centre infrastructure and boosting digital expansio 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...
CBN has reshuffled Deputy Governors and reassigned key leadership roles in major management shake-up. NewsOnline Nigeria reports that the Central Bank of Nigeria (CBN) has redepl...
…Proposes strict limits on shared directors, staff, technology platforms and intra-group funding Nume Ekeghe The Central Bank of Nigeria (CBN) has unveiled sweeping proposals aime...
• Ikeazor takes over economic policy, Abdullahi corporate services, Usoro operations, Yuguda financial system stability James Emejo in Abuja Central Bank of Nigeria (CBN), yesterda...
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.
• Warns rejection violates CBN Act, undermines confidence in national currency James Emejo in Abuja Central Bank of Nigeria (CBN), yesterday, reaffirmed that the standard N100 ban...
CBN has proposed new rules to separate banks, fintechs and related financial entities. NewsOnline Nigeria reports that the Central Bank of Nigeria (CBN) has unveiled draft guidel...
According to CBN, the redeployment is to make use of the experience of senior officials in different areas of responsibility and to support evolving institutional priorities. The p...
* Commencement of operations expected in Q4, 2026 Abbey Mortgage Bank Plc, one of Nigeria’s leading and longest-standing primary mortgage banks, has officially received regulatory...
Nigeria’s financial system is expected to witness a fresh wave of liquidity in June 2026, with projected inflows reaching N10.9 trillion, driven largely by the maturity of Open Mar...
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...
A fresh warning from the nation’s monetary authority has raised concern over how everyday handling of cash is quietly eroding the value and lifespan of the currency in circulation.
The Central Bank of Nigeria (CBN) warns against naira abuse, highlighting increased costs and shorter lifespan. Learn about the new Naira Ambassadors Club. Read More: https://punc...
CBN said the vision will modernise the national payments infrastructure in intra-African trade. The bank added that the vision will accelerate regional commerce and enhance export...
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