An Osun court has summoned the Central Bank of Nigeria (CBN) to address a N100.1 million police judgment debt owed to the state’s electoral commission for unlawfully halting a local election.

A witness in the Godwin Emefiele fraud trial told the court that suspects confessed to fraudulently withdrawing $6.23 million from the Central Bank of Nigeria (CBN) for election observers.

A witness has testified before the EFCC regarding the alleged fraudulent withdrawal of $6.23 million from the Central Bank of Nigeria, purportedly for a fictitious 2023 election monitoring exercise.

The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have signed a Memorandum of Understanding. This agreement aims to strengthen their collaboration in combating SIM-related fraud.

The Central Bank of Nigeria (CBN) and the Financial Markets Dealers Association (FMDA) have collaborated to introduce a new money market benchmark. This initiative aims to align Nigeria with global best practices and enhance price discovery and transparency in the market.

The Central Bank of Nigeria has proposed establishing a mediation panel as the first point of resolution for loan-related disputes, aiming to reduce immediate recourse to courts.

The Central Bank of Nigeria (CBN) is increasing its regulatory oversight of the digital finance sector. This move aims to improve stability, protect consumers, and build investor confidence in the rapidly expanding digital financial landscape.

The Central Bank of Nigeria (CBN) has stressed the importance of strong governance and risk discipline for the success of the country's ongoing bank recapitalisation program. Dr. Blaise Ijebor, Director of Risk Management at the CBN, highlighted these factors as critical.

Bloomberg has received recognition in the Financial Markets Infrastructure Services – Wholesale category at the Central Banking Awards for its role in assisting the Central Bank of Nigeria with the deployment of the BMatch system, an automated solution for matching FX trades.

Mr. Lemo, a former Deputy Governor of the Central Bank of Nigeria, has commended President Tinubu for his support of the Ogun airport project, anticipating it will significantly boost the state's economy, particularly in agricultural exports.

Tunde Lemo, former Deputy Governor of the Central Bank of Nigeria, has praised the newly commissioned Gateway International Airport in Iperu-Remo, Ogun State, as a transformative project expected to significantly boost the state's Gross Domestic Product.

The Central Bank of Nigeria (CBN) has announced the conclusion of its banking sector recapitalization program, with 33 deposit money banks raising N4.65 trillion to expand lending and support economic growth.

An analysis discusses the Central Bank of Nigeria's (CBN) role in financial system regulation, with the Association of Corporate Affairs Managers of Banks (ACAMB) recently commending the banking sector's over 96% compliance in meeting the recapitalization deadline under CBN's oversight.

A university professor has petitioned the Central Bank of Nigeria (CBN) and GTB, alleging that N9.98 million was fraudulently withdrawn from his account without his knowledge or authorization.

Nigerian banks have raised N4.61 trillion ahead of the March 31 deadline, while the Central Bank of Nigeria (CBN) Governor, Mr. Olayemi Cardoso, continues to emphasize the need for African financial regulators to enhance cooperation in managing cross-border risks and ensuring stability.

Nigerian banks have successfully attracted N4.61 trillion in new capital as part of the Central Bank of Nigeria's recapitalization program, aimed at strengthening the country's financial sector.

The Central Bank of Nigeria (CBN) has been honored with the global 'Central Bank of the Year' award by Central Banking magazine. This recognition acknowledges the CBN's comprehensive policy reforms that have successfully restored macroeconomic stability and boosted investor confidence in Nigeria.

NALA Nigeria has announced a major expansion of its financial services following the approval of an International Money Transfer Operator (IMTO) licence by the Central Bank of Nigeria (CBN) The post…

Nigeria’s current account surplus fell by 26 percent year-on-year (YoY) to $14.04 billion in 2025, down from $19.03 billion in 2024, the Central Bank of Nigeria (CBN) has disclosed in its 2025 Balance of Payments (BoP) report. The post Nigeria’s current account surplus drops 26% to $14.04bn in 2025 appeared first on Vanguard News.

Signature Bank Limited has surpassed the Central Bank of Nigeria's ₦50 billion recapitalization requirement for regional commercial banks, raising its capital base to ₦52 billion through a rights issue.

Ibrahim explained that the resulting dollar inflows would empower the Central Bank of Nigeria to intervene in the black market and stabilise exchange rates. The post Iran conflict could strengthen naira, reduce borrowing — Jimoh Ibrahim appeared first on Vanguard News.

The Central Bank of Nigeria (CBN) directs banks to deny new credit and banking services to large loan defaulters to improve credit discipline. Read More: https://punchng.com/cbn-bars-loan-defaulters-from-accessing-banking-services-new-credit/

By Elizabeth Adegbesan The Federal Government’s spending on debt service payments fell year-on-year (YoY) by 38.5 percent to $405.3 million in January 2026 from N659.7 million in the corresponding period of 2025. Analysis of data contained in the Central Bank of Nigeria’s, CBN, International Payment report showed that the downward trend also reflected in the federal […] The post FG’s spending on domestic debt service falls 38% to $405.3m appeared first on Vanguard News.

Data from the Central Bank of Nigeria indicates that Nigerians repaid N1.33 trillion in personal loans over the past year, as household borrowing decreased due to high interest rates.

The Nigerian Senate has rejected the creation of a new fintech body, instead granting full oversight for fintech regulation to the Central Bank of Nigeria (CBN).

A Nigerian Senate committee has advocated for legislation to explicitly place fintech operations under the supervision of the Central Bank of Nigeria (CBN).

By Elizabeth Adegbesan The Naira yesterday depreciated to N1,376 per dollar in the parallel market from N1,370 per dollar on Monday. Similarly, the naira depreciated for the second time this week to N1,390 per dollar in the Nigerian Foreign Exchange Market, NFEM. Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange […] The post Naira depreciates to N1,376/$ in parallel market appeared first on Vanguard News.

The British Pound opened the first trading week of March 2026 with subtle fluctuations against the Nigerian Naira, reflecting a market that is currently digesting the Central Bank of Nigeria’s (CBN) latest shift toward monetary easing. The post Pound to Naira exchange rate today, March 2, 2026 appeared first on Vanguard News.

The Economic and Financial Crimes Commission (EFCC) has tendered key Central Bank of Nigeria (CBN) meeting minutes as evidence in the N76bn fraud trial against former AMCON MD Ahmed Kuru, concerning the controversial Arik Air takeover.

By Elizabeth Adegbesan The naira yesterday depreciated to N1,359 per dollar in the Nigerian Foreign Exchange Market, NFEM.However the Naira remained stable at N1,360 per dollar in the parallel market. Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira rose to N1,359 per dollar from N1,353.5 per […] The post Naira appreciates to N1,359/$ in official market appeared first on Vanguard News.

The Nigerian Senate has confirmed Yuguda as the new Deputy Governor of the Central Bank of Nigeria (CBN). This confirmation fills a key leadership position within the nation's central banking institution.

During the ongoing Emefiele fraud trial, a witness testified in court that suspects confessed to the fraudulent withdrawal of $6.23 million from the Central Bank of Nigeria.

Indications have emerged that proceedings in the trial of former Central Bank of Nigeria, CBN, Governor, Godwin Emefiele, may suffer further delays as uncertainty surrounds the availability of a key…

The Central Bank of Nigeria (CBN) has donated an FM-200 fire suppression system to the Kwara Fire Service, aiming to enhance its emergency response capabilities and public safety measures.

The Central Bank of Nigeria (CBN) is implementing new measures to enhance trust in the country's financial system by tightening oversight on virtual asset operators and digital financial platforms.

The Central Bank of Nigeria (CBN) and Financial Markets Dealers Associations have launched the Nigerian Overnight Financing Rate (NFOR) as a new money market benchmark to promote consistent pricing of money market instruments.

The Nigerian House of Representatives Ad-Hoc Committee investigating the $460 million Closed Circuit Television (CCTV) surveillance project in the Federal Capital Territory has ordered the Central Bank of Nigeria (CBN) to suspend any further payments to ZTE Corporation.

A recent interest rate reduction by the Central Bank of Nigeria has led to a N380 billion increase in private sector borrowing, signaling a modest expansion in credit availability.

The Central Bank of Nigeria (CBN) has officially denied the authenticity of a widely circulated image depicting a new N5,000 banknote featuring President Tinubu, confirming it as fake.

Fresh details from a forensic audit report allege wide-ranging financial irregularities that led to the Central Bank of Nigeria's regulatory intervention in Union Bank of Nigeria (UBN).

An analysis reviews the Central Bank of Nigeria's (CBN) enabling law, the CBN Act (2007), as it approaches its 20th anniversary next year, noting its mixed scorecard as a product of democratic civilian government.

Fintech company Flutterwave has received a banking license from the Central Bank of Nigeria (CBN), enabling it to expand its financial services beyond payments to businesses across Africa.

A new report indicates that Nigerian manufacturers are still contending with borrowing costs as high as 60%, which is negatively impacting investment and economic growth, despite the Central Bank of Nigeria's monetary policy easing.

The Manufacturers Association of Nigeria Export Group (MANEG) has voiced concerns over the Central Bank of Nigeria's (CBN) policy excluding non-oil exporters from certain export proceeds repatriation.

The Central Bank of Nigeria (CBN) has appealed a Federal High Court judgment that nullified its takeover of Union Bank of Nigeria Plc, arguing the lower court erred in law by holding it acted outside its statutory powers.

The Central Bank of Nigeria (CBN) has announced the removal of the cash pool requirement for export proceeds of International Oil Companies (IOCs), as conveyed in a circular from the Director of Trade and Exchange.

The Central Bank of Nigeria (CBN) is seeking continental collaboration to address cross-border risks and is committed to strengthening corporate governance within Nigeria's financial system.

Nigeria's Net Domestic Credit (NDC) saw a 6.9% year-on-year decline in January 2026, falling to N109.4 trillion from N102.4 trillion in the same period of 2025, according to the Central Bank of Nigeria.

The Central Bank of Nigeria has reaffirmed its commitment to an inflation-targeting framework, aiming to achieve single-digit inflation and long-term price stability, noting a sharp drop in inflation since 2024 and outlining its course to achieve this goal.

The Central Bank of Nigeria (CBN) has implemented a ban on maize importation, a policy decision with significant implications for the country's agricultural sector and food security.

Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has said that Nigeria’s recent monetary and financial-sector reforms have strengthened the country’s capacity to withstand external shocks and restored investor confidence. The post Cardoso: Nigeria’s financial reforms boost shock resistance, investor confidence appeared first on Vanguard News.

The Central Bank of Nigeria (CBN) has implemented stricter rules for Bank Verification Number (BVN) enrollment, limiting it to individuals aged 18 and above and restricting phone number amendments to a one-time change, in an effort to curb fraudulent transactions.

Data published on the website of the Central Bank of Nigeria (CBN) showed the Naira gained N5.27 during Friday’s trading session. The post Forex: Naira ends week stronger appeared first on Premium Times Nigeria.

Nigeria's ongoing recapitalisation of banks, driven by the Central Bank of Nigeria (CBN), is set to conclude by March 31 and is seen as a crucial step in the federal government's pursuit of a $1 trillion economy.

The Central Bank of Nigeria has extended the AML compliance deadline for banks to 18 months, aiming to strengthen financial system integrity and stability. Read More: https://punchng.com/cbn-extends-anti-money-laundering-compliance-deadline-for-banks/

The Central Bank of Nigeria (CBN) has affirmed Alpha Morgan Bank's capitalization, marking a key milestone for the bank's growth and its commitment to becoming a strong financial institution.

The Central Bank of Nigeria (CBN) has taken delivery of responsibly sourced gold refined to London Bullion Market Association (LBMA) Good Delivery standards, as its governor advocates reforms to unlock Nigeria’s mineral potential.

The Central Bank of Nigeria (CBN) boosts its gold reserves to $3.5bn by purchasing locally sourced gold, strengthening the country’s foreign reserves. Read More: https://punchng.com/cbn-raises-gold-reserves-to-3-5bn/

By Babajide Komolafe The Governor of  the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso has disclosed that the nation’s Net External Reserves rose 50.5 per cent, year-on-year, to $34.8 billion in 2025 from $23.11 billion in 2024.   In a statement from the apex bank, Cardoso said that the growth in external reserves reflects stronger external […] The post Nigeria’s Net External Reserves rises 50.5% to $34.8bn- Cardoso appeared first on Vanguard News.

The Nigerian Naira held its ground against the US Dollar on Thursday, February 26, 2026, as the market reacted to the Central Bank of Nigeria's (CBN) recent decision to enter a "stabilization phase." The post Dollar to Naira exchange rate today, February 26, 2026 appeared first on Vanguard News.

The Economic and Financial Crimes Commission (EFCC) informed a Lagos State Special Offences Court that the Board of Governors of the Central Bank of Nigeria (CBN) had approved the takeover of Arik Air Limited by the Asset Management Corporation of Nigeria (AMCON).

A court has ordered the Central Bank of Nigeria (CBN), its agents, and 20 commercial banks to preserve copyright levy funds and report the amounts credited to MCSN, halting further withdrawals or transfers.

President Bola Ahmed Tinubu commended Olayemi Cardoso for leading reforms at the Central Bank of Nigeria (CBN), stating that his policies are contributing to rebuilding Nigeria’s economy for long-term growth.

The Central Bank of Nigeria (CBN) emphasizes financial literacy as a critical life skill essential for individual empowerment and national economic growth. Read More:…

The Central Bank of Nigeria (CBN) has increased the fee for issuing and replacing ATM debit/credit cards by 50%, raising it from N1,000 to N1,500.

The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have partnered to address and combat digital fraud signals.

The International Monetary Fund (IMF) has endorsed Nigeria's bank recapitalization, a key reform initiated by the Central Bank of Nigeria (CBN), highlighting its role in strengthening capital buffers and enhancing financial stability.

Alert Microfinance Bank has obtained a national licence from the Central Bank of Nigeria and plans nationwide expansion to enhance financial inclusion.

The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, is being lauded for delivering on promises made during his confirmation hearing in September 2023, bringing a positive outlook amidst challenges.

Polaris Bank partners with the Central Bank of Nigeria (CBN) for Global Money Week 2026, launching a financial literacy initiative to equip students with skills in saving and budgeting.

The Central Bank of Nigeria (CBN) implemented updated guidelines for agent banking, regulating Point of Sale (PoS) operators and financial service providers, effective April 1, 2026.

An analysis delves into the legacy of Cardoso at the Central Bank of Nigeria, highlighting his focus on orthodox monetary tightening, FX liberalisation, and governance reforms.

A recent recapitalization exercise led by the Central Bank of Nigeria has seen 33 deposit money banks raise N44.65 trillion, significantly strengthening their financial positions and affirming the importance of robust banking institutions.

Flutterwave, a Nigerian fintech company, has secured a banking license from the Central Bank of Nigeria, with its transaction volume now reaching $40 billion.

The Central Bank of Nigeria has mandated all banks and financial institutions, including fintechs, to submit detailed reports on their cybersecurity frameworks within three weeks to enhance oversight and protect the financial system.

The Centre for the Promotion of Private Enterprise (CPPE) has commended the Central Bank of Nigeria (CBN) for the successful implementation of its bank recapitalisation programme, with 32 banks reportedly meeting the new minimum capital requirements.

The Central Bank of Nigeria (CBN) has significantly reduced its Ways & Means portfolio to N2.84 trillion, down from N26.95 trillion inherited by the current administration, as disclosed by Governor Olayemi Cardoso.

The Central Bank of Nigeria (CBN) has announced that International Oil Companies (IOCs) can now repatriate 100% of their export proceeds, a move aimed at boosting forex liquidity and market stability.

Unity Bank has refuted rumors of being under-capitalized, asserting its full compliance with Central Bank of Nigeria requirements following its approved merger with Providus Bank.

The Central Bank of Nigeria (CBN) has reiterated its dedication to engaging with academic and research communities as the country moves towards a full Inflation Targeting (IT) monetary policy regime.

Nigerian banks are in a final push to meet the Central Bank of Nigeria's recapitalisation deadline, with updates expected on their progress this week.

The Central Bank of Nigeria (CBN) is expanding its anti-money laundering systems through the implementation of automation.

By OLUSEGUN RASAQ Banks, mobile money operators, international money transfer operators and other financial institutions in Nigeria are required to deploy automated anti-money laundering, AML, systems under new baseline standards issued by the Central Bank of Nigeria, CBN. The CBN under its Governor, Olayemi Cardoso has strengthened financial crime detection and compliance mechanisms across the sector. […] The post CBN and the imperative of expanding anti-money laundering systems appeared fir...

Centres of Excellence established by the Central Bank of Nigeria (CBN) in various higher institutions, including UNILAG, are reportedly abandoned at different stages of completion.

The Central Bank of Nigeria (CBN) has instructed commercial banks to block loan defaulters, particularly large-ticket borrowers, from accessing new credit facilities within the banking system. The post CBN orders banks to deny loan defaulters access to new credit appeared first on Vanguard News.

By Peter Egwuatu, Assistant Business Editor As at today, 12th March 2026, 30 banks out of the 35 banks operating in the country have met the recapitalisation requirement of the Central Bank of Nigeria, CBN, according to findings by Vanguard. The remaining five banks have 19 more days to meet the recapitalisation deadline which ends […] The post 30 banks meet CBN recapitalisation rules 19 days to deadline appeared first on Vanguard News.

The Central Bank of Nigeria (CBN) has directed banks to conduct a comprehensive stress test on their credit portfolios beginning from April 1, 2026, as part of measures to ensure the continued stability of the nation’s banking system. The post CBN orders banks to conduct stress test from April appeared first on Vanguard News.

The Central Bank of Nigeria (CBN) confirms 30 banks have met the new minimum capital rules under the ongoing bank recapitalisation exercise ahead of the de Read More: https://punchng.com/30-banks-met-recapitalisation-ahead-of-march-deadline-cbn/

…as currency outside bank drops 3% •Credit to govt, private sector shrinks  By Elizabeth Adegbesan Nigeria’s money supply (M²) fell by 0.8 percent month-on-month (MoM) to N123.4 trillion in January 2025 from N124.4 trillion in December 2025, indicating low liquidity in the banking system despite a decline in interest rate. Central Bank of Nigeria (CBN) Open Market […] The post Nigeria’s money supply drops slightly to N123trn appeared first on Vanguard News.

The Central Bank of Nigeria (CBN) has taken delivery of responsibly sourced gold, refined to London Bullion Market Association (LBMA) Good Delivery standards, for inclusion in its foreign reserves.

While telecom and agent groups say a dedicated regulator will end fragmented oversight, fintech operators warn it could duplicate the roles of the Central Bank of Nigeria and other agencies. The post Bill to establish fintech regulatory commission splits sector’s operators appeared first on Premium Times Nigeria.

By Elizabeth Adegbesan The Naira yesterday depreciated to N1,391 per dollar in the parallel market from N1,350 per dollar on Tuesday. Likewise, the naira depreciated to N1,359.5 per dollar in the Nigerian Foreign Exchange Market, NFEM. Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira rose to […] The post Naira depreciates to N1,391/$ in parallel market appeared first on Vanguard News.

The Central Bank of Nigeria (CBN) has reduced its Monetary Policy Rate (MPR), the benchmark interest rate, by 50 basis points to 26.5%, as external reserves hit $50.4 billion.

The Central Bank of Nigeria (CBN) governor announced that diaspora remittances have reached $600 million monthly, with ongoing reforms targeting an increase to $1 billion in the near term.