CBN seeks governors’ support on monetary policy reforms
The Central Bank of Nigeria (CBN) has called for the support of state governors across the federation for its ongoing monetary policy reforms, aimed at restoring macroeconomic stability and rebuilding investor confidence in the Nigerian economy.
CBN issues routine transitional guidance to select banks
The CBN said that the step was part of its broader, sequenced strategy to implement the recapitalisation programme announced in 2023.
CBN debunks report on BDC recapitalisation deadline
The Central Bank of Nigeria (CBN) has debunked a news story in circulation suggesting that the Bank has extended the deadline for the recapitalisation of Bureau De Change (BDC) operators to December 31, 2025.
How CBN’s policies aid Moody’s, other rating upgrades for Nigeria
Some feedbacks from global rating agencies about Nigeria’s economic status point to emerging improvements in the country’s macroeconomic indexes.
How CBN’s policies aid Moody’s, other rating upgrades for Nigeria
One of the major implications of the improved rating is that Nigeria may now be able to borrow at lower interest rates
SERAP sues CBN over ‘failure to disclose details of direct payments to LGAs, Rivers councils’
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Central Bank of Nigeria (CBN) “over the failure to disclose the details of any direct payments to the 774 local government councils in Nigeria including the amounts sent to each council.” SERAP’s suit followed a landmark judgment by the Supreme Court last July, […]
