Tag: CBN

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…

CBN explains why cryptocurrency transactions were banned

Following its ban on cryptocurrency-related transactions in the country, the Central Bank of Nigeria has explained why it…

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Police bust fake CBN investment syndicate

In a joint operation, members of Lagos and Edo state commands of Nigeria Police Force have nabbed the…

FG to borrow N5.6tr for financing of budget

The Federal Government is to borrow N5.6 trillion from domestic and foreign sources to support the implementation of…