Fresh revelations have emerged in the ongoing trial of former Central Bank governor Godwin Emefiele—and they are raising new questions about Nigeria’s controversial naira redesign. A prosecution witness told the Federal High Court in Abuja [Read More!]
The Central Bank of Nigeria’s (CBN) warning about Zuldal MFB has become a hot topic following a recommendation for Nigerians to steer clear of the Zuldal Microfinance Bank. According to the central bank, the institution [Read More!]
The Central Bank of Nigeria (CBN) has announced plans to take control of the country’s fixed income market starting in November 2025. The move means the bank will directly manage both settlement and trading activities, [Read More!]
The Central Bank of Nigeria (CBN) has announced plans to take control of the country’s fixed income market in November 2025. Under the new system, the bank will manage both settlement and trading activities. This [Read More!]
In a significant development for Nigeria’s financial industry, the Central Bank of Nigeria (CBN) has confirmed that fourteen commercial banks have now met the bank’s newly established capital requirements ahead of the March 2026 deadline. [Read More!]
The Central Bank of Nigeria (CBN) has approved the use of cash for Basic Travel Allowance (BTA) for Nigerian pilgrims in the 2025 Hajj, following a significant intervention by Vice President Kashim Shettima. This decision [Read More!]
In a promising development for Nigeria’s economy, the Central Bank of Nigeria (CBN) has announced a significant $6.83 billion balance of payments surplus in the first quarter of 2024. This milestone is a testament to [Read More!]
With inflation continuing to squeeze Nigerian households, the Central Bank of Nigeria (CBN) has emphasized the need for strategic investments in food storage, transportation, and supply-chain infrastructure to combat rising prices. At the February 2025 [Read More!]
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