30 banks meet CBN recapitalisation requirements
The Central Bank of Nigeria (CBN) has disclosed that 30 banks have met the revised minimum capital requirements under its ongoing recapitalisation programme.
Senate seeks explanation from CBN over alleged non-remittance of N1.44tr surplus
THE Senate has asked the Central Bank of Nigeria, CBN, to provide a comprehensive explanation for the alleged non-remittance of N1.44 trillion in operating surplus.
Breaking: CBN scraps cash deposit limits, raises weekly withdrawal threshold
The Central Bank of Nigeria (CBN) has removed all limits on cash deposits, marking a significant reversal of earlier cash-tightening measures introduced under the previous administration.
Foreign Direct Investment loses ground despite surge in inflows
Against the backdrop of the declaration by the Federal Government that Nigeria’s economy has turned the corner to stability and recovery, going by some macroeconomic indicators, current trend in foreign investments inflow has indicated that foreign investors are yet to buy into the position.
Economic activities expand for 12th consecutive month in November – CBN
Economic activities in Nigeria continued their growth streak, expanding for the 12th consecutive month in November 2025, according to the Central Bank of Nigeria (CBN).
Banks record higher default rates on secured loans in Q3 2025 — CBN Survey
A new report by the Central Bank of Nigeria (CBN) shows that banks recorded increased default rates on secured loans in the third quarter of 2025 (Q3’25), even as credit availability rose across various lending categories.
Abuse of Naira remains a punishable offense, CBN warns
The Central Bank of Nigeria (CBN) has warned Nigerians to stop abusing the naira, stressing that the national currency is a symbol deserving respect and proper handling.
SERAP gives CBN 7 days to ‘account for missing N3 trillion of public funds’
Socio-Economic Rights and Accountability Project (SERAP) has urged Mr. Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), “to promptly account for and explain the whereabouts of the missing or diverted N3 trillion of public funds, as documented in the recently published 2022 annual report by the Auditor-General of the Federation.”
CBN: FATF grey list exit lifts naira, as reserves cross $43bn
The financial markets have responded positively to the Financial Action Task Force (FATF) removal of Nigeria from its grey list of countries with money laundering and terrorist financing risks. The naira, foreign reserves and investors’ confidence have soared to new heights.
CBN rate hike boost fix income market – AIHN
The Association of Issuing Houses of Nigeria, AIHN has said that the Central Bank of Nigeria, CBN’s aggressive interest rate hikes boosted investors’ demand for fixed income instruments in 2024
President, Association of Issuing Houses of Nigeria, Kemi Awodein, revealed this, during the AIHN’s Annual General Meeting and presentation of 2024 financial statements in Lagos.
Strong FX inflows, tighter controls driving Naira stability, says CBN
“Whether you are a big man or not, we all go to the same market now for dollars. There is no longer unauthorised access to FX.
