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CBN won’t go back to interventions that distort the market anymore — CBN governor Cardoso

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has cautioned against renewed pressure on the apex b

CBN Reassigns Deputy Governors in Strategic Portfolio Shake-Up

• Ikeazor takes over economic policy, Abdullahi corporate services, Usoro operations, Yuguda financial system stability James Emejo in Abuja Central Bank of Nigeria (CBN), yesterda...

CBN Reshuffles Deputy Governors, Reassigns Key Leadership Roles in Major Management Shake-Up

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...

CBN Governor, Education Minister to Complete Abandoned Tertiary Institution Projects

The Minister of Education and the Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, have agreed on a plan to complete long-stalled infrastructure projects across Nigeri...

How Yemi Cardoso led CBN to global acclaim, By Toni Kan

While there is indeed important work ahead, no one can countenance the fact that the CBN under Cardoso has notched up impressive achievements since he took over a central bank that...

BREAKING: CBN Keeps Rates Steady at 26.5% Despite Inflation Pressure

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...

CBN redeploys four deputy governors

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...

Cardoso re-assigns deputy govs, Ikeazor now in charge of policy

Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has re-assigned all four deputy governors of the institution. The post Cardoso re-assigns deputy govs, Ikeazor now i...

Emefiele: Witness says withdrawal of $6.2m pushed CBN’s special dollar account into negative balance

Testifying before Justice Muazu, Obazee while being led in his testimony by prosecution counsel and Director of Public Prosecution, Rotimi Oyedepo, SAN, disclosed that the withdraw...

CBN Stands Firm as Fiscal Risks Mount

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...

Cardoso receives 2026 Central Banking Central Bank of the Year Award in London

Mr Cardoso dedicated the award to the board, management and staff of the CBN, acknowledging their steadfast commitment to institutional reforms and economic stability. The post Car...

CBN retains interest rate at 26.5%

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...

CBN Targets 95% Financial Inclusion With New Digital Payments Roadmap

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...

Cardoso: When Tough Decisions Earn Global Banking Honour

Ifeanyi Onuba When Olayemi Cardoso stepped forward to receive the prestigious Central Bank Governor of the Year 2026 Award in London last Wednesday, June 10, 2026, it was more than

Emefiele Didn’t Benefit From $6.2m Looted in CBN, EFCC Witness Tells Court

An Economic and Financial Crimes Commission (EFCC) witness.CP Okpoziakpo Eloho on Thursday told an Abuja High Court that the former Governor of the Central Bank of Nigeria, CBN, Go...

CBN Holds Back on More Rate Cuts Amid Global Inflation Fears

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....

Kingsley Moghalu Joins Bluecode Africa as Advisory Board Chairman

Sunday Ehigiator Former Deputy Governor of the Central Bank of Nigeria, Professor Kingsley Chiedu Moghalu, has been appointed Chairman of the Advisory Board of Bluecode Payments Ni...

Release of $6.2m by Emefiele’s CBN for foreign election observer mission pure theft – Witness

The Witness disclosed that the investigation team was able to make recoveries of about $800,000 from the alleged stolen fund. “I can’t remember the figure, but it was about Eight H...

Court affirms CBN’s sole ownership of eNaira platform

Emir Sanusi Blasts National Assembly Over Silence on CBN Borrowing Law Violations

The Emir of Kano, Muhammadu Sanusi II, has accused the National Assembly of failing in its constitutional responsibility by allowing successive federal governments to violate laws...

Economist explains major challenge with CBN’s guidelines on Holdco post-recapitalization of Nigerian banks

Presidential candidate of the Nigerian Democratic Congress (NDC), Mr Peter Obi, has hailed former Head of State, General Abdulsalami Abubakar, describing him as a statesman who dem...

CBN issues fresh guidance on troubled banks’ contract suspensions

The Central Bank of Nigeria clarifies its powers under BOFIA 2020, setting a two-day limit for contract suspensions during troubled bank resolutions. This Read More: https://punch...

CBN, trade ministry speak on AfCFTA trade reforms at Citibank forum

Speaking at the event, the Deputy Governor for Financial System Stability at the CBN, Lamido Yuguda, said efficient financial intermediation would be critical to the success of AfC...

$4.5bn Fraud Trial: Emefiele suffers setback as court dismisses objections to extra-judicial statements 

Justice Oshodi held that, for an extra-judicial statement to qualify as confessional, it must contain an unequivocal admission of the offences alleged against its maker.