News LG Funds: Court hears Osun Govt case against AGF, CBN Alagbe Shenayon Sep 8, 2025 The Federal High Court on Monday took up a case instituted by the Osun State Government against the Central Bank of Nigeria and…
Business CBN orders geo-tagging of PoS terminals Toyibat Ajose Aug 28, 2025 The Central Bank of Nigeria (CBN) has ordered that all Point of Sale (PoS) terminals across the country be geo-tagged within 60…
Business Failed transactions: CBN directs banks to geo-tag payment terminals within… Oluwadamilare Emmanuel Aug 27, 2025 The Central Bank of Nigeria (CBN) has issued a directive to all commercial banks, microfinance banks, mobile money operators, and…
Business Nigeria’s foreign exchange reserves hits $41bn Oluwadamilare Emmanuel Aug 21, 2025 Nigeria’s foreign exchange (FX) reserves rose to $41 billion on August 19 – the highest in four years. The current record marks…
Business ‘One of strongest currencies in world,’ CBN warns against… Oluwadamilare Emmanuel Aug 13, 2025 The Central Bank of Nigeria (CBN) has urged the public to protect the dignity of the naira. Hakama Sidi-Ali, acting director of…
Business Eight banks have met recapitalisation requirements, others in race to meet… Oluwadamilare Emmanuel Jul 23, 2025 The Central Bank of Nigeria (CBN) has confirmed that only eight banks have fully met their recapitalisation requirements. CBN…
Business CBN keeps interest at 27.5% for third time in 2025 Toyibat Ajose Jul 22, 2025 The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 27.5 per cent, along with all other policy…
Business CBN ends COVID-19 forbearance measures, directs banks to provide capital… Oluwadamilare Emmanuel Jul 9, 2025 The Central Bank of Nigeria (CBN) has issued a coordinated set of transitional measures to guide banks out of the regulatory…
Business Why Nigeria’s instant payment system is among world’s most advanced –… Oluwadamilare Emmanuel Jun 27, 2025 The Central Bank of Nigeria (CBN) has said the country’s instant payment infrastructure is one of the most advanced globally.…
Business Naira settles below ₦1,600 Alagbe Shenayon Jun 26, 2025 The naira traded below ₦1,600 in the parallel market on Wednesday, buoyed by forex interventions from the Central Bank of Nigeria…