Business

Discos lose 1.13 million customers despite record ₦2.32tn

  • 5th July 2026

South Africa reaffirms no compensation for Nigerians’ abandoned

  • 5th July 2026

S’Africa, Egypt, Morocco top Africa’s ultra-wealthy hub rankings

  • 4th July 2026

Marriott ends 34-year Pepsi ties, signs global Coca-Cola

  • 4th July 2026

Contact Info

Some Populer Post

Umahi blames coastal highway flooding on refuse dumping

Transportation

Nigeria, Ghana sign maritime pact to boost blue economy

Maritime

Mini-grids can de-risk Nigeria’s power sector — REA boss

Electricity

FG flags off Borno roads to improve trade, security

featured Transportation

Tag: CBN

Business

CBN extends PoS geo-fencing enforcement deadline

The Central Bank of Nigeria has extended the enforcement of its Point-of-Sale terminal geo-fencing requirement to August 1, 2026, giving financial institutions and payment service providers more time to comply with the regulation aimed at improving oversight of electronic payment channels. The directive was contained in a circular dated May 29, 2026, which was obtained […]

Opinion

NGX boss urges CBN to prioritise capital market growth

Group Managing Director/CEO, Nigerian Exchange Group, Temi Popoola, has urged the Central Bank of Nigeria’s Monetary Policy Committee to treat capital market development as a macroeconomic necessity. He argued that the effectiveness of monetary policy increasingly depends on the depth, liquidity, and coherence of Nigeria’s financial markets. Vanguard reported that Popoola made this call in […]

Economy

Cash outside banks drops ₦104bn after CBN rate cut

Cash held outside Nigeria’s banking system declined by N104.76 billion between February and April 2026 following the Central Bank of Nigeria’s decision to cut interest rates at its first Monetary Policy Committee meeting of the year, fresh data from the apex bank has shown. Figures obtained from the CBN’s money and credit statistics revealed that […]

Business

CBN mops up N3.69tn in massive liquidity tightening move

The Central Bank of Nigeria intensified its liquidity tightening drive on May 21, 2026, conducting one of its largest single-session Open Market Operations auctions and absorbing N3.692 trillion through two debt instruments. In the OMO auction results released by the apex bank the investor appetite far exceeded supply, with subscriptions reaching N3.692 trillion against a […]

Finance

Court grants CBN sole ownership of eNaira platform

The Federal High Court sitting in Abuja, on Friday, granted the Central Bank of Nigeria sole ownership rights to the eNaira digital currency platform. The court, in a judgment delivered by Justice James Omotosho, issued an order of perpetual injunction to restrain a private firm, eNaira Payment Solutions Limited, from further parading itself as the […]

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

CBN allots N829bn in treasury bills amid strong investor appetite

The Central Bank of Nigeria sold a total of N829.32 billion worth of Treasury Bills at its Primary Market Auction held on Tuesday, May 20, 2026, with the 364-day instrument attracting the largest share of allotments. Auction results obtained by Nairametrics on Wednesday showed that investor demand remained strong, as total subscriptions surged to about […]

Finance

CBN retains MPR rate at 26.5% amid rising inflation

The Monetary Policy Committee of the Central Bank of Nigeria has voted to retain the Monetary Policy Rate at 26.5 per cent following its 305th meeting. The decision was reached at the latest MPC session, with 11 members in attendance. CBN Governor Olayemi Cardoso announced the decision on Wednesday at the conclusion of the meeting […]

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

CBN offers ₦650bn treasury bills auction on Wednesday

The Central Bank of Nigeria is offering N650 billion for auction at the Nigerian Treasury Bills auction scheduled for Wednesday, May 20, 2026, marking the second issuance for the month in line with the Federal Government’s second-quarter borrowing calendar. The planned auction was disclosed in an official tender notice issued by the apex bank on […]

Business

CBN launches updated FX manual to boost investor confidence

The Central Bank of Nigeria has unveiled the fourth edition of its Foreign Exchange Manual, advancing reforms designed to enhance transparency, boost liquidity, and strengthen confidence in Nigeria’s FX market. The revised manual was launched on Friday in Abuja by CBN Governor, Olayemi Cardoso, and will come into effect on June 1, 2026. Among the […]

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

CBN launches revised foreign exchange manual effective June

The Central Bank of Nigeria on Friday launched the fourth edition of its Foreign Exchange Manual, with the revised framework scheduled to take effect from June 1, 2026, as part of ongoing reforms aimed at improving transparency, liquidity and confidence in Nigeria’s foreign exchange market. The PUNCH reported that speaking at the launch of the […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in