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 ...
Tag: CBN
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, ...
CBN Limits Mobile Banking Apps to One Device in New Security Push for Instant Payments
The Central Bank of Nigeria (CBN) has introduced a major security enhancement for digital banking, restricting mobile banking applications to ...
CBN Mandates AI-Powered AML Systems for Banks and Fintechs in Landmark Guidelines
Nigeria's Central Bank (CBN) has taken a historic step by formally incorporating artificial intelligence and machine learning into its anti-money ...
CBN Reforms Push Reserves to 13-Year High of $50.45bn.
Nigeria's foreign exchange reforms under the Central Bank of Nigeria (CBN) are starting to deliver tangible results, pushing gross external ...
Naira Strengthens 4.31% in February Despite Late-Month CBN Intervention
Nigeria's naira posted a robust 4.31% appreciation against the US dollar in February 2026, defying Central Bank of Nigeria (CBN) ...
