Tag: Central Bank of Nigeria

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…

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…

UNDER THE LENS: How financial institutions inadvertently sustain Nigeria’s insecurity economy

Nigeria’s insecurity challenge is often discussed in military or political terms, but financial systems increasingly feature in official…

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…

From CBN to Prison to Court: The Rise and Fall of Godwin Emefiele, ex-CBN Governor

Godwin Emefiele is a Nigerian politician, banker, and economist. The Lagos-born economic guru was also a former governor…