Business Eight important updates on CBN’S new BVN policy every bank customer… Oluwadamilare Emmanuel Apr 11, 2026 The Central Bank of Nigeria (CBN) has updated its regulatory framework for bank verification number (BVN) operations and watchlist…
Business CBN reacts to trending N5,000 note with Tinubu’s image on social… Oluwadamilare Emmanuel Apr 10, 2026 The Central Bank of Nigeria (CBN) has reacted to viral N5,000 banknote circulating on social media describing it as 'fake'.…
Business “Fake content,” CBN shoots down social media liquidation claim… Oluwadamilare Emmanuel Apr 9, 2026 The Central Bank of Nigeria (CBN) has denied rumours suggesting that Polaris Bank is undergoing liquidation. The apex bank…
Business Recapitalisation: 33 banks meet deadline, secure N4.65tn – CBN Josiah David Apr 1, 2026 The Central Bank of Nigeria on Wednesday announced that 33 banks have met the new minimum capital requirements under its…
Business CBN appeals judgment nullifying sack of Union Bank board, management Oluwadamilare Emmanuel Mar 28, 2026 The Central Bank of Nigeria (CBN) has filed an appeal against the judgement of the federal high court in Lagos which nullified its…
News CBN abolishes cash pooling rule, grants oil firms full access to export… Alagbe Shenayon Mar 26, 2026 The Central Bank of Nigeria (CBN) has announced the removal of the cash pooling requirement for international oil companies…
News JUST IN: Court nullifies CBN’s sack of Union Bank’s board, reinstates core… Alagbe Shenayon Mar 25, 2026 In a landmark ruling, a federal high court in Lagos has held that the Central Bank of Nigeria (CBN) exceeded its authority when it…
Columnist Diaspora FX inflow: CBN directs IMTOs to open naira settlement accounts,… Oluwadamilare Emmanuel Mar 25, 2026 The Central Bank of Nigeria (CBN) has directed all International Money Transfer Operators (IMTOs) to open naira settlement…
Business Banks attract N4.61tn capital boost under CBN recapitalisation drive Taiwo Oyedokun Mar 25, 2026 Nigerian banks raised a total of N4.61tn in fresh capital under the Central Bank of Nigeria’s recapitalisation programme,…
Business CBN reports 28% drop in petrol import bill to $10bn in 2025 Alagbe Shenayon Mar 24, 2026 Nigeria’s petrol import bill declined to $10 billion in 2025, according to data released by the Central Bank of Nigeria (CBN).…