News SERAP sues CBN over council fund transparency Toyibat Ajose May 25, 2025 The Socio-Economic Rights and Accountability Project (SERAP) has instituted legal proceedings against the Central Bank of Nigeria…
News CBN retains 27.50% interest rate again Alagbe Shenayon May 20, 2025 The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has maintained the country's interest rate at 27.50% for…
News CBN unveils BVN platform for Nigerians in diaspora Oluwadamilare Emmanuel May 14, 2025 The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), has launched the…
News CBN sells N598.3bn treasury bills Alagbe Shenayon May 8, 2025 The Central Bank of Nigeria (CBN) has allocated a total of ₦598.33 billion in Nigerian Treasury Bills (NTBs) across three tenors.…
Business CBN announces revised documentation requirements for PAPSS transactions Oluwadamilare Emmanuel Apr 29, 2025 The Central Bank of Nigeria (CBN) has announced a review of the documentation requirements for transactions conducted through the…
Business UBA shareholders return Elumelu as chairman, says Bank will meet… Oluwadamilare Emmanuel Apr 25, 2025 Newly returned chairman of United Bank for Africa (UBA) Plc, Tony Elumelu has assured that the bank will raise N144.8 billion in…
News Currency in circulation drops to N5trn – CBN Alagbe Shenayon Apr 22, 2025 The Central Bank of Nigeria (CBN) has reported a decrease in Nigeria's currency in circulation, which fell to N5 trillion in March…
Business Comply with applicable Nigerian, UN sanctions lists, CBN tells Banks Oluwadamilare Emmanuel Apr 18, 2025 The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to comply with applicable Nigerian and…
Business Tariff Shock: Oil declines, CBN sells $198 million to support Naira Alagbe Shenayon Apr 7, 2025 Crude oil prices have dropped by more than 12%, now hovering around $65.50 per barrel, following the implementation of extensive…
News CBN Boosts FX Market With $197.71m Amid Trump Tariffs Alagbe Shenayon Apr 6, 2025 The Central Bank of Nigeria (CBN) has injected $197.71 million to promote market liquidity and stability in the foreign…