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NGX all-share index hits all-time high

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Lasaco Assurance strengthens capital base for sustainable growth

Business

Manufacturing investment droped 54% despite capital surge in 2025

Investment

Ado Bayero Mall not for sale — Mgt

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Tag: CBN

CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown
Banking featured

CBN fines banks ₦10m for using unaccredited cheque printers

The Central Bank of Nigeria has imposed a N10 million fine and ordered the withdrawal of cheques from circulation on commercial banks that engage unaccredited cheque printers or personalisers. The apex bank announced this in its revised sanctions regime for defaulters of the Nigeria Cheque Standard and the Nigeria Cheque Printers’ Accreditation Scheme. The CBN […]

SERAP sues Wike, governors, over failure to account for N40tn LGA allocations
Opinion

SERAP drags CBN to court over missing ₦3tn funds

The Socio-Economic Rights and Accountability Project has filed a lawsuit against the Central Bank of Nigeria “over the failure to account for and explain the whereabouts of the missing or diverted N3 trillion of public funds, including the over N629 billion paid to ‘unknown beneficiaries’ as part of the Anchor Borrowers’ Programme.” The lawsuit followed […]

Banking

W’African central banks advance bloc’s currency talks

Governors of central banks from 12 West African countries, including the Governor of the Central Bank of Nigeria, have convened in Monrovia, Liberia, to advance technical and institutional preparations for the planned 2027 launch of the Eco regional currency. Nigeria’s Presidency disclosed this in a statement issued on Saturday. The three-day meeting, held under the […]

CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown
Economy

CBN reports slight drop in Nigeria inflation expectations index

Nigeria’s inflation expectations index declined slightly to 41.4 points in January 2026 from 41.7 points in December 2025. This signals a marginal improvement in price sentiment across the economy. The latest Inflation Expectation Survey was released by the Central Bank of Nigeria. The report revealed a modest easing in outlook among respondents. The development reflects […]

Business

CBN grants BDCs FX market access with $150,000 weekly cap

The Central Bank of Nigeria has approved licensed Bureau De Change operators to participate in the Nigerian Foreign Exchange Market, allowing each BDC to purchase up to $150,000 weekly. The approval was disclosed in a circular dated February 10, 2026, signed by Dr. Musa Nakorji, Director of the Trade and Exchange Department, and addressed to […]

How FG can boost Nigeria's digital growth - Analyst
Telecommunications

CBN, NCC propose 30-minute refund for failed transactions

The Central Bank of Nigeria and the Nigerian Communications Commission have jointly proposed a strict 30-minute timeline for refunding subscribers in cases of failed airtime and data purchase transactions. This proposal forms part of the “Exposure Draft of the Joint CBN–NCC Framework for Resolution of Failed Airtime and Data Purchase Transactions” released on Monday. The […]

has presented its 2024 Regulatory Impact Assessment, a comprehensive review aimed at overhauling existing telecom regulations
Business

CBN, NCC partner to curb airtime, data transaction failure

The Central Bank of Nigeria and the Nigerian Communications Commission have proposed routine joint audits of banks, telecom operators and other ecosystem players under a new national framework to curb persistent failures in airtime and data purchase transactions. The plan is outlined in an exposure draft jointly issued by both regulators on February 5, 2026, […]

CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown
Business

CBN sets dates for 304th monetary policy committee meeting

The Central Bank of Nigeria has scheduled its 304th Monetary Policy Committee meeting for Monday and Tuesday, February 23–24, 2026. The announcement was made in a circular posted on the CBN’s official website on Monday. The meeting is set against the backdrop of the bank’s ongoing efforts to control inflation, stabilise the foreign exchange market, […]

Finance

BoI secures CBN approval for non-interest banking window

The Bank of Industry has received regulatory approval from the Central Bank of Nigeria to operate a Non-Interest Banking Window. This development marks a significant milestone in the bank’s growth and long-term development agenda. A statement from the bank explained that the approval authorises BoI to commence Non-Interest Banking operations. It positions the bank to […]

Economy featured

CBN reports 14th straight month of economic expansion

Nigeria’s economic activity sustained a strong growth momentum in January 2026 as the Central Bank of Nigeria’s composite Purchasing Managers’ Index climbed to 55.7 points, signalling expansion for the fourteenth consecutive month. This is according to the latest Purchasing Managers’ Index report released by the Central Bank of Nigeria. The data points to broad-based improvement […]

CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown
Business

CBN to release open banking roadmap within three months

The Central Bank of Nigeria plans to release an implementation roadmap for Open Banking within three months, targeting the resolution of technical gaps in the nation’s financial ecosystem. This information was highlighted in the newly published CBN Fintech Report 2025, which details recent developments in the fintech sector. Recall, the CBN introduced its Open Banking […]

Business featured

CBN to release landmark fintech survey report Monday

The Central Bank of Nigeria is set to release a landmark fintech survey report on Monday, February 2. The report provides rare insight into the nature and depth of the apex bank’s engagement with Nigeria’s fast-growing fintech sector. Nairametrics gathered that the report is based on a nationwide survey of fintech operators, complemented by stakeholder […]

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