CBN mandates 48-hour reimbursement for e-fraud victims
The Central Bank of Nigeria has ordered banks and other financial institutions to reimburse victims of Authorised Push Payment fraud within 48…
CBN
FATF exit saved Nigeria $30bn potential investment — CBN gov
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has stated that Nigeria’s removal from the Financial Action Task Force grey…
CBN projects 2026 disinflation, possible rate cuts
Nigerian central bank Governor Olayemi Cardoso has hinted that the apex bank could resume interest-rate cuts next year, provided inflation continues to…
Foreign investment soars to $21bn in 2025 — Cardoso
Nigeria experienced a significant surge in external investor confidence, with foreign capital inflows reaching $20.98 billion in the first ten months of…
27 banks in market for recapitalisation funds — Cardoso
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has announced that 27 banks have sought to raise additional capital from…
Nigeria’s PMI hits 56.4 as private sector expansion rises
Nigeria’s private sector expansion gained further momentum in November 2025, as the key Purchasing Managers’ Index indicator climbed to 56.4. This marks…
CBN orders immediate withdrawal of non-compliant financial adverts
The Central Bank of Nigeria has ordered all financial institutions to immediately remove any non-compliant advertising and promotional materials that violate consumer-protection…
CBN holds monetary policy rate at 27% amid inflation
The Central Bank of Nigeria on Tuesday retained the Monetary Policy Rate at 27 per cent, citing the need to allow previous…
CBN holds benchmark interest rate at record 27.5%
The Central Bank of Nigeria has paused interest rate hikes, holding the Monetary Policy Rate steady at a record 27 per cent.…
16 banks now compliant with recapitalisation threshold – CBN
The Central Bank of Nigeria has announced that 16 banks have now met its recapitalisation requirements. CBN Governor Olayemi Cardoso shared this…
CBN to clamp down on repeated dud cheque offenders
The Central Bank of Nigeria has proposed a strict new crackdown on repeat offenders of “dud cheques.” Under draft guidelines released for…
Nigeria’s economy still faces hurdles, says CBN
The Central Bank of Nigeria says that although recent reforms have contributed to restoring macroeconomic stability, significant work remains in improving living…