The Central Bank of Nigeria, (CBN), has revoked the operating licences of 46 microfinance banks across the country for failing to comply with regulatory requirements. The apex bank announced the…
The Central Bank of Nigeria, CBN, on Friday launched the fourth edition of its Foreign Exchange Manual, with the revised framework scheduled to take effect from June 1, 2026, as…
***Tasks appointee on economic stability, growthPresident Bola Ahmed Tinubu has nominated former Director-General of the Securities and Exchange Commission (SEC), Lamido Abubakar Yuguda, as Deputy Governor of the Central Bank…
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has explained how Nigeria’s foreign reserves increased significantly over the past two years, stating that the country’s savings in…
…as CBN marks 20 years of monetary policy department Nigeria’s external reserves have risen to $46.7 billion as of November 14, 2025, providing 10.3 months of import cover in goods…
The Monetary Policy Committee of the Central Bank of Nigeria has reduced the country’s interest rate to 27.00 per cent for the first time in 2025. The Governor of CBN,…
The Governor of the Central Bank of Nigeria, Mr Olayemi Cardoso, has hinted that lending rates may decline in the coming months as inflation continues to ease, raising hopes for…
The Central Bank of Nigeria, CBN, is clamping down on PoS fraud with geo-tagging and global payment standards, aiming to make every digital transaction traceable and trustworthy, DECENCY GLOBAL NEWS…
PremiumTrust Bank, which began operations in 2022, has met the N200 billion capital requirement for commercial banks with a national licence, seven months to the deadline. The Central Bank of…
Nigeria’s telecom regulator and IHS Towers are seeking to resolve a diesel supply blockade by oil sector unions that threatens to disrupt mobile phone services for millions of users in…