The Central Bank of Nigeria (CBN) has issued multiple alerts warning the public about a surge in fake emails, online scams, and fraudulent messages targeting bank accounts.
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 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.
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.
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 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professor has petitioned the Central Bank of Nigeria (CBN) and GTB, alleging that N9.98 million was fraudulently withdrawn from his account without his knowledge or authorization.
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.
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)
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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.
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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) 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/
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/
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.
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.
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 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 officially denied the authenticity of a widely circulated image depicting a new N5,000 banknote featuring President Tinubu, confirming it as fake.
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.
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 that International Oil Companies (IOCs) can now repatriate 100% of their export proceeds, a move aimed at boosting forex liquidity and market stability.
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.
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.
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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 (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 […]
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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.
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).
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.
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.
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.
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.
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.
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.
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.
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.
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.
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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.
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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 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 […]
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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.