Nigeria’s External Reserves Drop by $731 Million in Early April
Nigeria’s foreign exchange reserves came under renewed pressure in April 2026, declining by approximately $731 million within the first three ...
Tag: CBN
Naira Slips to Fresh Low of ₦1,364.24/$ at Official Window
The Nigerian naira continued its recent decline against the US dollar at the official foreign exchange market on Monday, April ...
Naira Depreciates Further Against US Dollar at Official Market
The Nigerian naira weakened against the US dollar at the official foreign exchange window on Friday, April 24, 2026, extending ...
CBN Warns Public of Fraudulent Links Targeting Bank Accounts.
The Central Bank of Nigeria (CBN) has issued a public alert regarding fraudulent messages and malicious links circulating online, designed ...
Naira Opens New Trading Week with Slight Depreciation in Official Market
The Nigerian naira opened the new trading week on Monday, April 20, 2026, with a modest adjustment in the official ...
CBN Controversial Law – Is This Protecting Lenders or Shielding the Powerful?
The Central Bank of Nigeria (CBN) has sparked fresh debate in the financial sector with a bold proposal that could ...
CBN Tightens Oversight on Digital Finance as Nigeria’s Fintech Boom Accelerates
As Nigeria’s digital finance sector experiences explosive growth, the Central Bank of Nigeria (CBN) is stepping up its regulatory efforts ...
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 ...
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, ...
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