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
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The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has cautioned against renewed pressure on the apex b
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...
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 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...
The Central Bank of Nigeria (CBN) has warned members of the public, businesses and financial institutio
• 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...
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) and commercial banks are reviewing the large number of transaction alerts sent to customers and the complaints about bank charges.
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...
• Moves to curb market dominance, concentration risk in payments ecosystem James Emejo in Abuja and Nume Ekeghe in Lagos Central Bank of Nigeria (CBN) has ordered banks, fintechs,...
The Central Bank of Nigeria has extended the enforcem
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 apex bank said the new measure aims to promote transparency, reduce market concentration risks, and enhance the resilience of the country's payments ecosystem. The post CBN ord...
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...
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....
…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...
The Central Bank of Nigeria has issued a sweeping directive to banks and financial institutions following fresh sanctions targeting individuals and companies accused of links to te...
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...
The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks over their failure to meet regulatory requirements for continued operations. The apex...
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
The Central Bank of Nigeria launches the Nigerian Overnight Financing Rate (NOFR) to boost financial market credibility, transparency, and monetary policy Read More: https://punch...
Under the directive, financial institutions are required to immediately screen existing customers, beneficial owners, and all incoming and outgoing transactions against the updated...
CBN warned that such action constitutes a violation of the provisions of the CBN Act and undermines confidence in the national currency. The post CBN warns against rejection of N10...
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