Failure to meet regulatory requirements: CBN revokes licences of 46 MFBs
NDIC swings into action, begins assets takeover of failed MFBs, warns public against dealings The Central Bank of Nigeria...
CBN
Terrorism Financing: CBN orders banks to freeze assets of 6 individuals, 4 BDCs
The Central Bank of Nigeria (CBN), on Thursday, directed banks and all financial institutions to freeze transactions, accounts, and assets...
CBN retains lending rate at 26.6%, CRR at 45% for DMBs
CPPE backs Apex Bank’s decision, says action pragmatic, reflective of prevailing inflationary realities confronting Nigerian economy Nigeria’s current macroeconomic environment...
CBN concludes banking sector recapitalisation as operators raise N4.65trn
Says 33 banks met the revised minimum capital requirements The Central Bank of Nigeria (CBN) has announced the successful conclusion...
Why we reduced interest rate to 26.50%-CBN gov
NECA, CPPE back Apex bank's rate cut, urge broader reforms The Central Bank of Nigeria (CBN) says its decision to...
If capital is the answer, what exactly is the problem with First Holdco?
By Blaise Udunze The Olayemi Cardoso-led Central Bank of Nigeria’s 24-month compliance timeline for the recapitalization of Nigeria’s banking system...
Alleged unlawful sack: 62 aggrieved ex-staff ask court to dismiss CBN’s application
Sixty two disengaged staff members of the Central Bank of Nigeria (CBN), on Monday, asked the National Industrial Court of...
NCC, CBN set to roll out refund framework for failed airtime, data transactions
The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have drawn up a framework to address consumer...
Invest more locally, Tinubu encourages Nigerians, praises NGX for N100trn milestone
Says Foreign Reserves reach $45bn, CBN projects $50bn by Q3 2026 ’National Account surplus grows from $16bn in 2024 to...
Licence revocation: CBN, NDIC challenge court jurisdiction to hear Aso Savings, Union Homes’ suit
The Central Bank of Nigeria (CBN) and Nigeria Deposit Insurance Cooperation (NDIC), on Monday, challenged the jurisdiction of the Federal...
