12 Banks Clear Recapitalisation Hurdle Ahead Of March 31 Deadline
With six and a half months to the Central Bank of Nigeria’s (CBN) March 31, 2026 recapitalisation deadline, no fewer ...
Tag: Central Bank of Nigeria (CBN)
Monetary Policy Committee Members Project Naira At N1,400/$ By Year End
Members of the Central Bank of Nigeria’s Monetary Policy Committee (MPC) have projected a further strengthening of the naira. They ...
Central Bank, Securities Exchange Approve Wema Bank’s N150bn Rights Issue
The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) have approved Wema Bank Plc's N150 billion ...
CBN Drives Inclusive, Secure Financial Ecosystem With Payments System Vision 2028
The Central Bank of Nigeria (CBN) has kicked off the development of a new strategic framework for the country’s payments ...
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 ...
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 ...
