CBN Suspends Access Bank, Zenith, UBA, and Others From Issuing New Loans.
The Central Bank of Nigeria (CBN) has mandated commercial banks, including Access Bank, Zenith, UBA, and others, to take charge ...
Tag: CBN
Central Bank of Nigeria Extends Timelines for Letters of Credit
In response to ongoing challenges posed by foreign exchange scarcity, the Central Bank of Nigeria (CBN) has announced an extension ...
CBN Issues New Directive to Banks Following Supreme Court Ruling on Old Naira Notes
In response to the recent Supreme Court ruling validating the use of old N200, N500, and N1,000 notes, the Central ...
Naira Scarcity Grips Nigeria Despite Central Bank’s Assurances
In a surprising turn of events, reports of a scarcity of the Nigerian currency, the naira, have surfaced across the ...
CBN Anticipates Continued Inflationary Pressures in the Near Future
The Central Bank of Nigeria (CBN) has released its second-quarter economic outlook, shedding light on the prevailing economic conditions and ...
CBN Hails Inflation Data, Citing Improvement in Result of Reforms
In a recent announcement, the Central Bank of Nigeria (CBN) has revealed that its monetary policy reforms are beginning to ...
House of Representatives Summons CBN Governor Over Forex Restrictions Removal
The House of Representatives has taken action on the recent decision made by the Central Bank of Nigeria (CBN) to ...
CBN: eNaira No Threat to Financial Stability
The Central Bank of Nigeria (CBN) has issued a statement on Monday, seeking to dispel misconceptions surrounding its Central Bank ...
OPay Denies Unauthorized Account Openings Amid Growing Concerns
Nigerian fintech startup OPay has categorically denied allegations of opening accounts for customers without their consent, following a recent wave ...
CBN Introduces Digital Platform for Microfinance Bank License Applications
In a forward-looking move aimed at enhancing efficiency and accessibility in the Nigerian financial sector, the Central Bank of Nigeria ...
Popular Story
CBN’s Anchor Borrowers’ Loan repayment now stands at 52.39%.
Nigeria loses billions of dollars to prolonged bid rounds
OPay Announces New Job Opening for Sales Manager Position
Shocking: “Undress” An AI Tool That Unveils Digital Representations of Individuals Without Clothing
China’s Exports to Nigeria Hit Record $24.9 Billion in 2025, Widening Trade Imbalance
