Tag: Central Bank of Nigeria

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…

17 Things To Know About Adepeju Adebanjo, FCMB Group’s New Director

FCMB Group Plc has appointed the chairman of the board of the Lagos State Employment Trust Fund (LSETF),…

The most controversial banking policy changes in Nigeria right now

The conversation around money in Nigeria has entered a phase that feels less like policy discussion and more…

Update: Nigerian Banks yet to meet CBN Recapitalisation target

Nigeria’s banking space is entering one of its most sensitive financial reorganisations in recent years, yet the tension…

CBN releases new POS rules: 8 key things that will affect your cash withdrawals

Nigeria’s financial environment has moved into a stricter cash control phase following updated Central Bank of Nigeria directives…

Take Note: New BVN rules that will affect your bank account from May 1, 2026

April 2026 quietly introduced one of the most serious shifts in Nigeria’s financial system, not through loud announcements…

CBN Recapitalisation 2026: Which Nigerian Banks really survived the March 31 deadline?

The Central Bank of Nigeria set the March 31, 2026 deadline for banks to meet new recapitalisation requirements,…

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…

Is Nigeria Scrapping the Naira for ‘Eco Currency’ in 2027?

In recent months, social media platforms and messaging groups have been flooded with claims that Nigeria will abandon…

World Bank cuts funding to the Central Bank of Nigeria – What changed behind the scenes

In the routine flow of international development updates, few changes appear dramatic at first glance. Funding figures are…

What To Know About Bidvest Bank – Post Access Bank Deal Fallout

On Monday, February 9, Bidvest Group announced the termination of the agreement between the financial institution and Access…

Over 10,000 Complaints in Six Months: What Is Breaking in Nigerian Banking sector?

Something began to shift quietly in Nigerian banking long before the numbers were published. It showed up in…