Tag: Central Bank of Nigeria

INSIDE PFIPC: How CBN, OAGF accounts deepened controversy over disputed investment council

Fresh details have emerged in the controversy surrounding the Presidential Foreign Investment Promotion Council after the Central Bank…

The 12-Year CBN Tenure Rule that forced Elumelu’s UBA Retirement

Tony Elumelu has spent years helping shape one of Africa's biggest banking institutions, making his impending departure from…

SHADOW OFFICE? Questions trail ‘non-existent’ agency linked to CBN accounts, budget allocation

The disclosure by the Presidency that the Presidential Foreign Intervention Promotion Council (PFIPC) was never an authorised government…

July 1 in Nigerian History: CBN’s First Banknotes Released

On July 1, 1959, the Central Bank of Nigeria released the country’s first indigenous banknotes, replacing the West…

The Significance of Femi Otedola crossing the 20% stake mark in First HoldCo

Major ownership changes within financial institutions rarely happen overnight, especially when they involve companies whose history stretches across…

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,…