Court dismisses request to stop CBN from using e-naira trade mark
The Federal High Court in Abuja has dismissed the request to stop the Central Bank of Nigeria (CBN) from using thee-naira trade mark .Justice James Kolawole Omo...
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Federal High Court backs CBN, dismisses ban on eNaira trademark use
The Federal High Court in Abuja, on Friday, dismissed an interim restraining order filed by eNaira Payment Solutions Limited against the Central Bank of Nigeria...
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AfCFTA: CBN reviews requirements for PAPSS transactions in Nigeria
The Central Bank of Nigeria, CBN, has announced a significant revision of the documentation requirements for transactions conducted through the Pan-African Paym...
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CBN focusing on bringing down inflation — Cardoso
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has reiterated that the focus of the apex bank is to bring down the country's inflation to single...
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CBN raises over N1tn in fresh OMO auction
The Central Bank of Nigeria (CBN) raised a total of N1.008 trillion at its Open Market Operations (OMO) auction held on Friday, April 25, 2025.This follows an o...
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CBN bold reforms have raised investors’ confidence in Nigeria — Cardoso
The governor of the Central Bank of Nigeria, Olayemi Cardoso, has said the apex bank's reforms have returned confidence in the country’s financial sector.In a s...
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CBN warns BDCs, banks to tighten compliance on anti-money laundering, counter-terrorism regulations
The Central Bank of Nigeria has warned licenced Bureau De Change Operators and financial institutions in the country against violating its anti-money laundering...
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Naira continues depreciation against dollar as CBN issues BDC operators warning
The naira further depreciated against the dollar at the official foreign exchange market to end trading on Thursday as the Central Bank of Nigeria issued Bureau...
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CBN warns banks against illicit funds in recapitalisation drive
The Central Bank of Nigeria, CBN, has cautioned deposit money banks against sourcing capital from illicit channels as part of the ongoing recapitalisation exerc...
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Nigeria posts $6.83bn balance of payments surplus as Diaspora remittances surge to $20.93bn
The Central Bank of Nigeria has announced a balance of payments surplus of $6.83 billion in 2024, an improvement from $3.34 billion and $3.32 billion in 2023 an...
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CBN defends naira against dollar with $197m intervention amid Trump’s tariffs
The Central Bank of Nigeria (CBN) defended the naira against the dollar by selling $197.71 million to authorised foreign exchange dealers in the country’s offic...
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CBN denies introducing N5000, N10,000 notes
The Central Bank of Nigeria, CBN, has denied introducing new N5,000 and N10,000 notes.CBN described the reports as false.There has been widespread reports that...
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