The Central Bank of Nigeria says 30 banks have, as of March 2026, met its minimum capital requirements ahead of the March 31 deadline. The spokesperson of the a...
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The Central Bank of Nigeria, CBN, says the country’s gross and net foreign reserves significantly improved at the end of 2025, reflecting stronger external sect...
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Investors on the Nigerian equities market suffered a major setback on Tuesday, losing N1.141 trillion in market value after the Central Bank of Nigeria reduced...
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The Central Bank of Nigeria said President Bola Ahmed Tinubu’s executive order on direct oil remittance to the federal account would improve fiscal revenue. The...
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The Central Bank of Nigeria, CBN, has approved the participation of licensed Bureau De Change (BDC) operators in the Nigerian Foreign Exchange Market (NFEM) as...
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President Bola Tinubu on Monday, said Nigeria’s ongoing monetary policy reforms are yielding positive results and gaining international recognition. Speaking at...
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The Central Bank of Nigeria (CBN) has announced plans to introduce a new regulatory framework aimed at easing debit card issuance and Automated Teller Machine o...
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The Central Bank of Nigeria (CBN) has announced that 20 commercial banks have so far met its ongoing recapitalization requirements as of Thursday, January 15, 2...
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The Federal Government has clarified that there is no N500,000 limit on N500,000 card payments in Nigeria. Special Assistant to the President on Social Media, D...
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A batch of newly recruited staff of the Central Bank of Nigeria (CBN) has raised alarm over what they describe as unexplained delays in their posting and onboar...
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With barely eleven weeks to the Central Bank of Nigeria’s (CBN) recapitalisation deadline, fourteen banks are yet to meet the requirement. This comes as DAILY P...
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Nigeria’s banking industry recorded a rise in non-performing loans in 2025 following the Central Bank of Nigeria’s decision to withdraw regulatory forbearance i...
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