Reps Seek Full Account of CBN, NNPCL’s Outstanding Operating Surplus
The House of Representatives Public Accounts Committee (PAC) has directed the Office of the Accountant-General of the Federation (OAGF) to ...
Tag: CBN
Banks Reduce Lending by N5.45tn to Eight Key Sectors Amid CBN Loan Clean-Up
Nigerian Deposit Money Banks (DMBs) reduced lending to eight major sectors of the economy by N5.45 trillion, representing a 14.8 ...
CBN Warns Against Rejecting Standard N100 Note, Threatens Sanctions
The Central Bank of Nigeria (CBN) has warned Nigerians, businesses, financial institutions and other organisations against refusing to accept the ...
Fake Presidential Council Never Touched a Kobo, Has No Account With CBN Accountant-General Insists
The Office of the Accountant-General of the Federation has moved to settle one of the more baffling questions hanging over ...
CBN Withdraws Operating Licenses of 46 Microfinance Banks
The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks nationwide, with the decision taking ...
CBN Orders Banks To Freeze Accounts Linked To Terrorism Financing
The Central Bank of Nigeria (CBN) has directed all banks, payment service banks, Bureau De Change (BDC) operators and other ...
CBN Introduces Stricter Forex Rules, Slams ₦100m Fine on Banks Over Documentation Breaches
The Central Bank of Nigeria (CBN) has unveiled a new set of foreign exchange regulations, introducing a ₦100 million penalty ...
CBN Retains Interest Rate at 26.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has retained the country’s Monetary Policy Rate (MPR) at ...
CBN Rate Cut Sparks ₦36trn Drop in Banks’ Deposits to ₦92.3trn
Deposits held by Nigerian banks with the Central Bank of Nigeria (CBN) declined sharply to ₦92.32 trillion in April 2026, ...
CBN Raises ATM Card Issuance and Replacement Fees
The Central Bank of Nigeria (CBN) has approved a 50 percent increase in the fee charged for issuing and replacing ...
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