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Tony Elumelu to retire as UBA chairman, Nnorom named successor
United Bank for Africa Plc has announced that Tony Elumelu will retire as Chairman…
CBN revokes licences of 46 microfinance banks over regulatory breaches
The Central Bank of Nigeria has revoked the operating licences of 46 microfinance…
CBN withdraws licences of 46 microfinance banks over regulatory breaches
The Central Bank of Nigeria has revoked the operating licences of 46 microfinance banks…
CBN orders banks to freeze accounts of terrorism-financing suspects
The Central Bank of Nigeria has directed banks and other financial institutions to…
How states’ fiscal decisions fuel inflation – CBN
The Central Bank of Nigeria has raised concerns over the impact of state governments’…
CBN hikes ATM card issuance fee by 50% to N1,500
The Central Bank of Nigeria has increased the fee for issuance and replacement…
Tinubu nominates Lamido Yuguda as CBN deputy governor
President Bola Ahmed Tinubu has approved the appointment of Lamido Abubakar Yuguda as Deputy…
CBN adds locally sourced LBMA-standard gold to foreign reserves
The Central Bank of Nigeria has taken delivery of responsibly sourced gold refined to…
Reps intensify probe, query Customs, CBN, NPA over export revenue gaps
The House of Representatives has stepped up its probe into alleged discrepancies in export…
CBN cuts interest rate to 26.50%
The Central Bank of Nigeria has reduced the Monetary Policy Rate by…
CBN fines banks N10m for using unaccredited cheque printers
The Central Bank of Nigeria has imposed a N10 million fine on commercial banks…
CBN to tighten debit card rules over ATM queues
The Central Bank of Nigeria has disclosed plans to roll out a new policy…
CBN, NCC plan new short code for faster banking complaints
The Central Bank of Nigeria has announced that it is developing a new industry…
Reps move to amend CBN Act for stronger checks, transparency
The House of Representatives on Thursday opened debate on a bill seeking to amend…
CBN introduces new cash limits from January 2026
The Central Bank of Nigeria has announced fresh cash withdrawal rules that will take…