The Central Bank of Nigeria’s intervention in Union Bank of Nigeria is evolving into a broader signal of tighter regulatory scrutiny across the banking sector, particularly...
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...
Investor participation in Nigeria’s Treasury bills market strengthened significantly at the latest primary market auction with total subscriptions climbing above N2.8 trillion. The Central Bank of...
The Central Bank of Nigeria (CBN) has signaled its readiness to intervene in the foreign exchange market to defend the naira if global market volatility triggered...
The Central Bank of Nigeria (CBN) has directed deposit money banks to adopt automated anti-money laundering monitoring systems within the next 18 months as part of...
The Central Bank of Nigeria (CBN) has announced that 30 commercial banks have met the revised minimum capital requirements under the ongoing banking sector recapitalisation programme....
The Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) by 50 basis points to 26.5 percent following sustained disinflation, improved external reserves...
Central Bank of Nigeria (CBN) has identified Nigeria’s real-time payments infrastructure as a strategic national asset, citing its scale, resilience, and role in driving financial inclusion...
The Central Bank of Nigeria (CBN) has disclosed that Nigeria processed nearly 11 billion real-time payment transactions in 2024. According to a fintech ecosystem report developed...
Central Bank of Nigeria (CBN)’s sustained liquidity withdrawal measures have led to a marked deceleration in the pace of money supply across the financial system. The...