Banks attract N4.61tn capital boost under CBN recapitalisation drive
Nigerian banks raised a total of N4.61tn in fresh capital under the Central Bank of Nigeria’s recapitalisation programme,…
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CBN reports 28% drop in petrol import bill to $10bn in 2025
Nigeria’s petrol import bill declined to $10 billion in 2025, according to data released by the Central Bank of Nigeria (CBN).…
Nigeria’s CBN wins global Central Bank of the year award
The Central Bank of Nigeria (CBN) has been named the Central Bank of the Year 2026 by the Central Banking Awards…
CBN restricts mobile banking apps to one device, sets new payment rules
The Central Bank of Nigeria (CBN) on Friday announced new guidelines limiting mobile banking applications to a single device per…
BREAKING: CBN orders banks to restrict services for loan defaulters
The Central Bank of Nigeria (CBN) has asked commercial banks to restrict loan defaulters, specifically large-ticket obligors, from…
CBN recruits count losses amid silence Over delayed postings
Nearly two years after receiving employment offers from the Central Bank of Nigeria, at least 60 recruits from across the country…
CBN updates on banks’ recapitalisation progress as deadline…
The Central Bank of Nigeria (CBN) says 30 banks have met the minimum capital requirements announced in March 2024.
In a…
Nigeria’s FX reserves rise to $50.4bn – Cardoso
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), has said the…
JUST IN: CBN eases MPR by 50 basis points to 26.5%
Central Bank of Nigeria has reduced the Monetary Policy Rate (MPR) by 50 basis points to 26.5%.
The apex bank also retained the…
SERAP drags CBN to court over alleged failure to account for N3trn public…
The Socio-Economic Rights and Accountability Project (SERAP) has instituted legal action against the Central Bank of Nigeria (CBN)…