Tag: CBN

BVN changes explained: Why some Nigerians are worried

The conversation around banking safety in Nigeria has taken a new direction since fresh discussions began around updated…

CBN ATM Card Fee Increase: New Charges, Effective Date, and What Every Nigerian Bank Customer Must Know

If you bank in Nigeria, you need to read this. The Central Bank of Nigeria (CBN) has just…

Nigeria BVN Security Changes: Full Breakdown of New Rules and What Every Bank Customer Must Do Now

If you have a Nigerian bank account, you need to read this 2026 BVN update before May 1,…

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…