The Central Bank of Nigeria has warned that the standard N100 banknote remains legal tender and cautioned individuals and businesses against rejecting it....
The CBN has capped the suspension of certain contractual obligations involving failing banks at two business days.
The NDIC has warned Nigerians against conducting transactions with the 46 microfinance banks whose licences were revoked by the CBN...
The CBN has revoked the licences of 46 microfinance banks nationwide, citing regulatory breaches...
The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to immediately freeze all accounts, funds and assets linked to six individuals...
Nigeria’s external reserves have climbed to $51.04 billion, their highest level in about 17 years, driven by stronger foreign exchange inflows...
Banks and customers in Nigeria lost a total of N134.48bn to fraud between 2020 and 2025, according to a Central Bank of Nigeria report.
The Central Bank of Nigeria (CBN) has unveiled plans to introduce biometric-driven and "invisible" payment systems that will allow Nigerians...
The Central Bank of Nigeria has introduced fresh regulations requiring banks and fintech companies to disclose their ultimate owners...
The Central Bank of Nigeria has tightened oversight of banks after lenders raised N4.65 trillion in a major recapitalisation exercise aimed at strengthening governance, financial stability,...
