CBN upgrades fintech, MFB licences to national status
The Central Bank of Nigeria has elevated the licences of some FinTech companies and Microfinance Banks operating across the country to national…
CBN
CBN refund billions as 2025 customer complaints hit record high
The Central Bank of Nigeria resolved 9,771 out of 10,704 complaints received from bank customers in the first half of 2025. The…
20 banks hit capitalisation requirements ahead of deadline – Cardoso
The Central Bank of Nigeria says about 20 deposit money banks have already met the new capital thresholds set under the ongoing…
Nigeria cuts fuel import spending by 54% — CBN
Nigeria’s spending on the importation of refined petroleum products has declined sharply by 54 per cent over two years, falling from $14.58bn…
Dollar supply rebounds 38% amid CBN market intervention
Dollar supply in Nigeria rebounded by 38 per cent month on month in December 2025, as increased foreign exchange sales by the…
CBN projects petrol prices around N950/litre in 2026
The Central Bank of Nigeria has projected that petrol prices will hover around N950 per litre in 2026, according to its 2026…
CBN prioritises banking stability, fintech oversight, and inflation control 2026
The Central Bank of Nigeria has identified banking system stability, enhanced fintech regulation, inflation management, and modernisation of payments infrastructure as the…
Nigeria’s money supply grows despite CBN’s tight monetary policy
Nigeria’s broad money supply (M3) rose to N122.95 trillion in November 2025, up from N119.04 trillion in October, indicating a continued expansion…
CBN projects bullish capital market in 2026 amid bank racapitalisation
The Central Bank of Nigeria has forecast that Nigeria’s capital market will sustain a bullish trend in 2026, buoyed by the ongoing…
CBN sets 16.5% inflation target for 2026
Nigeria’s Central Bank is formally entrenching its transition to an inflation-targeting monetary framework, with the long-term objective of moderating inflation to 13…
IMTO inflows drop 11.78%, CBN data shows
Inflows from International Money Transfer Operators into Nigeria dropped by 11.78 per cent in the first half of 2025 compared with the…
CBN orders banks to configure ATMs, PoS for foreign cards
In a move aimed at ensuring uninterrupted and efficient transactions for users of foreign-issued payment cards across Nigeria, the Central Bank of…