“Fake content,” CBN shoots down social media liquidation claim…
The Central Bank of Nigeria (CBN) has denied rumours suggesting that Polaris Bank is undergoing liquidation.
The apex bank…
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Recapitalisation: 33 banks meet deadline, secure N4.65tn – CBN
The Central Bank of Nigeria on Wednesday announced that 33 banks have met the new minimum capital requirements under its…
CBN appeals judgment nullifying sack of Union Bank board, management
The Central Bank of Nigeria (CBN) has filed an appeal against the judgement of the federal high court in Lagos which nullified its…
CBN abolishes cash pooling rule, grants oil firms full access to export…
The Central Bank of Nigeria (CBN) has announced the removal of the cash pooling requirement for international oil companies…
JUST IN: Court nullifies CBN’s sack of Union Bank’s board, reinstates core…
In a landmark ruling, a federal high court in Lagos has held that the Central Bank of Nigeria (CBN) exceeded its authority when it…
Diaspora FX inflow: CBN directs IMTOs to open naira settlement accounts,…
The Central Bank of Nigeria (CBN) has directed all International Money Transfer Operators (IMTOs) to open naira settlement…
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,…
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…