LONDON – The Central Bank of Nigeria’s (CBN) Deputy Governor, Corporate Services, Ms. Emem Usoro, has reiterated the Bank’s commitment to driving financial inclusion for women and underserved groups through bold, data-driven policies. Speaking at [Read More!]
The House of Representatives has called on the Central Bank of Nigeria (CBN) to immediately halt its recent policy that increases ATM transaction charges and removes free withdrawals for customers using other banks’ ATMs. The [Read More!]
Local governments across Nigeria are on the brink of receiving direct financial allocations from the Federation Account, marking a major step toward financial autonomy. In light of this development, the Association of Local Governments of [Read More!]
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has lauded the transformation of the National Theatre, highlighting it as a game-changer for Nigeria’s creative sector, with the potential to unlock a staggering [Read More!]
A Federal High Court in Lagos has ruled that $1.4 million linked to embattled former Central Bank of Nigeria (CBN) governor, Godwin Emefiele, must be permanently forfeited to the federal government. Delivering the verdict on [Read More!]
In a strategic move to enhance its regulatory and operational efficiency, the Central Bank of Nigeria (CBN) has appointed 16 directors to oversee critical departments, effective March 3. The appointments come as part of the [Read More!]
The Senate’s ad hoc committee investigating the N30 trillion Ways and Means loans provided to the Nigerian government from 2015 to 2023 has accused the Central Bank of Nigeria (CBN) of hindering its efforts to [Read More!]
Nigeria’s money supply surged by 18.3% year-on-year (YoY) to reach N110.97 trillion in January 2025, up from N93.77 trillion in January 2024, driven largely by increased savings in investment instruments. According to the latest Money [Read More!]
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