CBN raises concern over governance gaps in non-interest financial institutions
The Central Bank of Nigeria has cautioned non-interest financial institutions against governance and compliance risks that could weaken public confidence and threaten…
CBN
OPay partners CBN to promote financial literacy among youth
OPay, a leading fintech company in Nigeria, partnered with the Central Bank of Nigeria at the Global Money Week 2026 Financial Literacy…
Uphold governance or face sanctions, Cardoso warns bank directors
Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, on Sunday warned bank directors and industry leaders to strengthen corporate governance…
CBN to raise ₦700bn in May treasury bills auction
The Central Bank of Nigeria has announced plans to raise N700 billion through a Nigerian Treasury Bills auction scheduled for May 7,…
Nigeria’s PMI falls to 49.4 as economy contracts in April
Nigeria’s economic activity slipped into contraction in April 2026 as the Purchasing Managers’ Index fell to 49.4, marking the first decline after…
CBN maintains forex restrictions on BDCs over compliance concerns
The Central Bank of Nigeria has maintained restrictions on Bureau De Change operators’ access to the official foreign exchange market, citing concerns…
CBN raises ATM card fee to ₦1,500, scraps maintenance charge
The Central Bank of Nigeria has increased the fee for issuance and replacement of Automated Terminal Machine (ATM) debit/ credit cards by…
CBN allots ₦894bn treasury bills, demand hits ₦2.36tn
The Central Bank of Nigeria allotted a total of N894.17 billion at its Treasury Bills Primary Market Auction held on Wednesday, April…
CBN warns Nigerians against fraudulent messages, online scams
The Central Bank of Nigeria has intensified its campaign against cyber fraud, cautioning Nigerians over a noticeable increase in fake messages and…
CBN introduces new Nigerian overnight financing rate benchmark
The Central Bank of Nigeria and Financial Markets Dealers Associations have introduced the Nigerian Overnight Financing Rate as the new money market…
CBN bars under-18s from BVN registration starting May 1
The Central Bank of Nigeria has restricted Bank Verification Number enrolment to persons aged 18 years and above as part of new…
CBN warns banks against excessive risk-taking after recapitalisation
The Central Bank of Nigeria has cautioned that stronger capital buffers must not encourage excessive risk-taking, advising bank boards to reassess their…