By Samuel Solomon Thirty banks have met the new minimum capital requirements introduced under the Central Bank of Nigeria’s banking sector recapitalisation programme, the apex bank...
By Samuel Solomon The Central Bank of Nigeria (CBN) has officially reduced its benchmark interest rate, the Monetary Policy Rate, by 50 basis points, dropping it...
Nigeria’s foreign reserves have risen significantly, reaching $46.7 billion as of November 2025. According to the Governor of the Central Bank of Nigeria (CBN), Olayemi...
By Samuel Solomon The Central Bank of Nigeria (CBN) has maintained the current Monetary Policy Rate (MPR) of 27.5 per cent with all policy parameters. The...
The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, on Thursday announced plans to establish a Compliance Department by February. Cardoso...
The Academic Staff Union of Universities (ASUU) has criticized the Central Bank of Nigeria (CBN) for allegedly failing to support public universities in Nigeria with...
The Central Bank of Nigeria (CBN) has withdrawn its earlier circular directing banks to implement a controversial 0.5% cybersecurity levy on electronic transactions. The decision of...
The Central Bank of Nigeria, CBN, has released a comprehensive list of licensed Deposit Money Banks operating within the country. The list, which was made...
The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to start charging 0.5% cybersecurity levy on transactions. This was contained...
Following a mandate from the Central Bank of Nigeria, Kuda Bank, Moniepoint, OPay, and Palmpay have suspended account opening for new customers. The instruction was issued...
