Investors are increasingly reallocating funds to short-term debt instruments as elevated bond yields and persistent inflation continue to shape Nigeria’s fixed-income market. Market analysts believe the...
The Central Bank of Nigeria (CBN) has reaffirmed that the standard ₦100 banknote remains legal tender across the country, warning individuals, businesses and financial institutions against...
The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks (MFBs) with effect from July 1, 2026, citing persistent regulatory violations,...
Despite rapid growth in electronic payments and fintech adoption, Nigeria’s economy remained heavily cash-driven in May 2026 with most currency in circulation held outside the banking...
The Central Bank of Nigeria (CBN) has introduced stricter regulatory measures for Point-of-Sale (PoS) operations as part of efforts to improve oversight, enhance consumer protection and...
Central Bank of Nigeria (CBN) has retained all key monetary policy parameters at the conclusion of the 305th Monetary Policy Committee meeting as policymakers continued efforts...
The Central Bank of Nigeria (CBN) has cautioned state governments against excessive dependence on overdrafts and short-term debt facilities as the apex bank intensifies preparations for...
Access Holdings Plc is preparing to reduce its ownership interests in some foreign subsidiaries following a new regulatory directive from the Central Bank of Nigeria (CBN) limiting...
Nigeria’s official foreign exchange market recorded a notable rise in trading activity in April with total turnover crossing the $10 billion mark as the naira showed...
Nigeria’s apex bank, the Central Bank of Nigeria (CBN), has removed the requirement mandating international oil companies to retain a portion of their export proceeds in...