CBN Targets $1bn Monthly Diaspora Remittances Next Year
Nigeria is edging closer to a historic milestone in foreign inflows, with the Central Bank of Nigeria (CBN) projecting that ...
Tag: Central Bank of Nigeria (CBN)
External Reserves Hit $41.5bn As NEFM Records $2.8bn Inflow
Nigeria’s external reserves have continued to accumulate, pushing the value of the naira to appreciate at both the official and ...
Business Activity Expands As PMI Hits 52.7 in July
Nigeria’s business activities maintained an upward trajectory in July 2025 as the composite Purchasing Managers’ Index (PMI) strengthened to 52.7 ...
CreditPRO Now Under CBN Regulation, To Assist SMEs
CreditPRO Finance Company Limited has launched as a fully licensed financial institution regulated by the Central Bank of Nigeria (CBN) ...
CBN Unveils Compliance Department For Anti-money Laundering, Cybersecurity
The Central Bank of Nigeria (CBN) has announced the establishment of a new compliance department to strengthen oversight of non-prudential ...
CBN Strengthens Regulatory Oversight With Compliance Department
The Central Bank of Nigeria (CBN) has announced the establishment of a dedicated Compiance Department as part of ongoing reforms ...
Tech, Business Leaders Meet On Africa Data Sovereignty
Information and Communication Technology (ICT) industry leaders, regulators, and enterprise executives are set to dialogue on Africa’s Data Sovereignty at ...
Recapitalisation: Fresh Mergers Loom For Tier-2 Banks As Deadline Nears – Report
Pressure on Nigeria’s Tier-2 banks is intensifying as the Central Bank of Nigeria’s (CBN) March 2026 recapitalisation deadline approaches. New ...
PoS Operators Lament CBN’s Geofencing Plan, Say Will Reduce Turnover
Operators have lamented the Central Bank of Nigeria (CBN) directive that all point of sale (PoS) terminals be geofenced, insisting ...
Union Bank, Titan Trust Merger Gets CBN Nod
Union Bank of Nigeria Plc has announced the successful completion of its merger with Titan Trust Bank Limited, following the ...
