Tag: CBN
CBN dismisses circulating image of alleged N5,000 note as false
The Central Bank of Nigeria (CBN) has clarified that a widely circulated image suggesting the introduction of a…
CBN speaks on Union, Keystone, Polaris failure to meet recapitalisation deadline, advises banks’ customers
Akinwunmi also disclosed that banks would undergo “stress tests” from time to time to ensure they are on…
Trouble for Loan Defaulters: CBN Tells Nigerian Banks What to Do – Exact Actions Explained
The banking sector in Nigeria has once again entered a moment of heightened regulatory attention following a new…
Seven Nigerian banks currently authorised for International operations
In Nigeria, the distinction between banks is no longer just about size or brand, it is about access…
₦950 Petrol in 2026: What the CBN’s Latest Forecast Really Means
In a nation where fuel has long been both lifeblood and lightning rod, the mere whisper of ₦950…
EXAMINATION: Terrorism financing — can lawmakers identify the culprits
The Nigerian Senate has expressed concern over the rising threat of terrorism financing in the country. Security analysts…
2025: Central Bank of Nigeria cuts key rate to 27 Percent — Is this Nigeria’s pivot from crisis to growth?
It was a heavy moment in Abuja on September 22 and 23, 2025. The Central Bank of Nigeria…
Wale Edun’s Illness: Potential Impact on Nigeria’s Economic Policy Direction
The Presidency has confirmed that Minister of Finance and Coordinating Minister of the Economy, Wale Edun, is ill…
Cybersecurity levy: Mixed reactions as Obi, Omokri differ on economic benefits
CBN introduced Cybersecurity levy on May 6 Obi, TUC, Northern Coalition group kick against the policy as Reno…
CBN Naira abuse Act: 17 years after, Apex bank goes after defaulters
17 years after enactment of CBN Naira Abuse Act, Apex bank goes tough on defaulters EFCC hands down…
CBN allegedly freezes Sunday Igboho’s bank accounts
Chief Sunday Adeyemo popularly known as Sunday Ighoho has revealed that his bank accounts have been frozen by…
Moghalu condemns CBN’s reason for banning cryptocurrency transactions
Kingsley Moghalu, former deputy governor of the Central Bank of Nigeria (CBN) has condemned the apex bank's reason…