Standard Chartered meets CBN’s N200 bn minimum capital requirement ahead deadline
Standard Chartered Bank Nigeria Limited, has announce that it has successfully fulfilled the Central Bank of Nigeria’s (CBN) ₦200 billion minimum capital requirement for national commercial banks, in advance of the regulatory deadline.
OIL PRICE RALLY: CBN’s push for higher reserves, stable naira gets boost
At the backdrop of the Central Bank of Nigeria (CBN) push for higher external reserves accretion, stable naira and elevated dollar liquidity, there are chances that the external sector of the economy would strengthen following the rising crude oil prices.
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, […]
FCTA begins takeover of PDP Secretariat, INEC, CBN, NNPC lands Monday
The administration said it will take possession of the properties without consideration of their ownership.
CBN rolls out baseline standards for automated AML solutions
The Central Bank of Nigeria, CBN, in a bid to encourage financial institutions’ adoption of emerging technologies to enhance the detection and reporting of suspicious transactions in real time, has rolled out a draft Baseline Standards for Automated Anti Money Laundering, AML, Solutions.
Why we retained interest rate at 27.5% – CBN
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the country’s benchmark interest rate at 27.50 per cent for the second consecutive time in 2025.
Naira Abuse: Repeal CBN’s Section 21, Act 2007, Adeyanju tells NASS
HUMAN rights lawyer and activist, Deji Adeyanju, Friday, called on the National Assembly to repeal Section 21, Central Bank of Nigeria (CBN) Act, 2007 on abuse of the Naira.
