The Naira maintained relative stability against the United States Dollar on Thursday at the Nigerian Foreign…
Tag: CBN
CBN Refutes Viral Claim Of Polaris Bank Liquidation, Assures Public Of Stability
The Central Bank of Nigeria has dismissed widespread reports alleging that Polaris Bank is facing liquidation,…
Court Reverses CBN Sack Of Union Bank Board, Reinstates Shareholders
A Federal High Court in Lagos has nullified the decision by the Central Bank of Nigeria…
Naira Falls 2.48 Percent Amid Dollar Demand, Market Pressures
The Nigerian currency came under renewed pressure on Tuesday as the naira weakened by approximately 2.48…
CBN Alerts Customers Against Sharing PINs, Banking Details
As activities marking Global Money Week 2026 continue across the world, the Central Bank of Nigeria…
CBN Clamps Down On Loan Defaulters, Orders Banks Restrict TransactionsÂ
The Central Bank of Nigeria has directed commercial banks to immediately cut off further financial services…
Nigeria’s Foreign Reserves Rise To $50.45bn, Highest Since 2013 — CBN
Nigeria’s gross external reserves have reached $50.45 billion, the highest in 13 years, Central Bank of…
FG Hails CBN 26.5% Rate Cut As Boost For Economy
The Federal Government has welcomed the Central Bank of Nigeria’s decision to reduce the Monetary Policy…
CBN Witness Takes Blame For $6.2m Missing Funds
A senior official of the Central Bank of Nigeria (CBN), Malam Bashirudeen Maishanu, who serves as…
CBN Shuts Down Two Mortgage Banks Over Regulatory Breaches
The Central Bank of Nigeria (CBN) has revoked the operational licenses of Aso Savings and Loans…