CBN Grants Banking Licence to Flutterwave, Enabling Expanded Financial Services Across Africa
Flutterwave, one of Africa’s leading fintech companies, has secured a banking licence from the Central Bank of Nigeria (CBN), paving ...
Tag: CBN
33 Banks Meet CBN Recapitalisation Targets, Raising N4.65 Trillion as Programme Concludes
The Central Bank of Nigeria (CBN) has confirmed that 33 banks have successfully met the revised minimum capital requirements under ...
Banks Raise N4.6 Trillion in Recapitalisation Exercise as Sector Prepares for Lending Battle
Nigeria’s banking industry has successfully mobilised N4.6 trillion in fresh capital under the Central Bank of Nigeria’s (CBN) recapitalisation programme, ...
32 Banks Meet CBN Recapitalisation Targets Ahead of Deadline – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced that 32 banks have already satisfied the ...
Federal High Court Nullifies CBN’s Dissolution of Union Bank Board, Orders Immediate Reinstatement
A Federal High Court in Lagos has nullified the Central Bank of Nigeria’s (CBN) decision to dissolve the board and ...
CBN Lowers Yields on Two Tenors at March 25 Treasury Bills Auction Amid Liquidity Glut
The Central Bank of Nigeria (CBN) reduced interest rates on two key maturities at its Treasury Bills auction held on ...
CBN Directs International Money Transfer Operators to Open Naira Settlement Accounts with Local Banks
The Central Bank of Nigeria (CBN) has issued a new directive requiring all International Money Transfer Operators (IMTOs) operating in ...
Central Banks Ramp Up Gold Purchases as Geopolitical Risks Fuel De-Dollarisation Drive
Central banks worldwide are stepping up their gold-buying activities at a notable pace, with emerging market giants China and India ...
Dangote Refinery Imported $3.74 Billion Worth of Crude in 2025 – CBN Data Reveals
Nigeria imported crude oil valued at $3.74 billion linked to the operations of the Dangote Petroleum Refinery in 2025, according ...
CBN Auctions N1.05 Trillion in Treasury Bills, Pushing Two-Week Borrowing Near N3 Trillion
The Central Bank of Nigeria (CBN) is set to raise N1.05 trillion through a Treasury Bills auction today, March 18, ...
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