Business JP Morgan gets CBN’s nod to establish merchant bank in Nigeria Oluwadamilare Emmanuel Oct 24, 2026 The Central Bank of Nigeria (CBN) has granted JP Morgan approval-in-principle to establish a merchant bank in Nigeria. In a…
Business Why CBN’s latest interest rate decision surprises markets — Cardoso Alagbe Shenayon Oct 15, 2026 The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has explained that the need to address weaknesses in monetary…
News SERAP drags CBN to court over $6.23m election cash, ₦1.63tn audit red flags Josiah David Oct 12, 2026 The organisation wants the court to order the apex bank to provide details of how the money was used, who benefited from the…
News SERAP sues CBN over failure to account for $6.23m in ‘missing’ election… Alagbe Shenayon Oct 11, 2026 The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Central Bank of Nigeria (CBN) over…
Business “Your improved capital base must reflect robust economy… Oluwadamilare Emmanuel Sep 30, 2026 The Central Bank of Nigeria (CBN) has charged the banking sector to reflect success of the recapitalisation exercise with a…
News SERAP gives CBN seven days to account for $6.23m election funds or face… Alagbe Shenayon Sep 27, 2026 The Socio-Economic Rights and Accountability Project has given the Governor of the Central Bank of Nigeria, Olayemi Cardoso, and…
Business Nigeria’s FX reserves now in excesses of $55 billion – highest… Oluwadamilare Emmanuel Sep 24, 2026 Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has confirmed that Nigeria’s gross foreign exchange (FX) reserves…
Business BREAKING: CBN lowers interest rate to 23% Josiah David Sep 22, 2026 The Central Bank of Nigeria has lowered its benchmark interest rate by 3.5 percentage points, bringing it down from 26.5 per cent…
Business Nigeria’s external reserves rise to $54bn, highest level since 2008 Alagbe Shenayon Sep 5, 2026 Nigeria’s external reserves have climbed to $54.08 billion, continuing their steady increase and moving further above the Central…
Business Nigeria records $3.8bn remittance inflows in seven months, up 50.2% — CBN Alagbe Shenayon Aug 31, 2026 Nigeria recorded $3.8 billion in diaspora remittance inflows through international money transfer operators (IMTOs) between…