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…

Reps Clash in Rowdy Session, Summon Cardoso over ₦11trn Unremitted Revenue 

The House of Representatives descended into a tense and rowdy session on Wednesday, December 10, while…

CBN Scraps Deposit Cap, Boosts Withdrawal Limits for Individuals, Corporates

The Central Bank of Nigeria (CBN) has removed the limit on cash deposits and raised the…

EFCC Arraigns Warri Archbishop Over Naira Abuse

The Economic and Financial Crimes Commission (EFCC) arraigned Archbishop Angel Oyeghe, founder of Faith Healing Ministry,…

CBN Concludes 2025 MPC Meeting Amid Inflation Easing

The Central Bank of Nigeria (CBN) held its final Monetary Policy Committee (MPC) meeting for 2025…

CBN Flags Zuldal Microfinance Bank Unlicensed, Warns public Against Transactions

The Central Bank of Nigeria (CBN) has warned Nigerians that Zuldal Microfinance Bank (MFB) Limited is…

Nigeria’s Inflation Slips to 16%, Easing Pressure on Households

Nigeria’s headline inflation eased to 16.05 percent in October 2025, the National Bureau of Statistics (NBS)…

SERAP to CBN: Account for ₦3trn in Auditor-General’s Report or Face Court

The Socio-Economic Rights and Accountability Project has demanded that the governor of the Central Bank of…

Naira Edges up at ₦1,455/$ as Market Gap Narrows

The naira picked up slightly on Friday, November 7, 2025, trading at ₦1,455 per US dollar…

Economists Push CBN to Introduce ₦10,000, ₦20,000 Notes as Naira Weakens

Economic experts have advised the Central Bank of Nigeria (CBN) to consider introducing new naira denominations…