The Central Bank of Nigeria (CBN) has rolled out a sweeping update to its foreign exchange regulations, introducing stiff financial penalties and stricter compliance requirements for…
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Nigeria’s Central Bank has opted to leave its benchmark lending rate unchanged at 26.5%, following a two-day policy meeting in Abuja on Wednesday. The Monetary Policy…
Nigerian banks’ deposits held at the Central Bank of Nigeria dropped sharply to ₦92.32 trillion in April 2026, according to fresh data from the apex bank…
The Central Bank of Nigeria has reviewed upward the fee for issuing and replacing ATM debit and credit cards, moving the charge from ₦1,000 to ₦1,500…
The Central Bank of Nigeria (CBN) has refuted reports claiming that Polaris Bank Limited is set for liquidation due to an alleged failure to meet recapitalisation…
BY BLAISE UDUNZE On December 2, 2025, the Central Bank of Nigeria (CBN) announced a policy that significantly departs from the cash-restriction measures Nigerians have faced…
The Rights Issue offers 5,232,748,964 ordinary shares of 50 Kobo each at N36.00 per share, while the Offer for Subscription presents 2,767,251,036 ordinary shares of 50…
The presiding Judge of a Federal High Court in Lagos, Justice Chukwujekwu Aneke has granted an ordered mandating Central Bank of Nigeria (CBN), and…
Recent industry occurrences have given rise to an influx of false information and propaganda targeted at causing unrest in the Nigerian financial services industry. Among…
The Story of Godwin Emefiele can be likened to the story of a child born with uncommon grace. Every time enemies have tried vehemently tried…