Tag: Central Bank of Nigeria
CBN To Nigerians: Check Out 10 New BVN Rules You Must...
The Central Bank of Nigeria (CBN) has outlined 10 key changes to the Bank Verification Number (BVN) system, which will take effect from May...
CBN To Nigerians: ₦5,000 Note Featuring Tinubu’s Image Not From Us
The Central Bank of Nigeria (CBN) has dismissed as false a circulating image of a new N5,000 bank note.
Some social media users claimed that...
Loss Of ₦9.98m From Account: Lawyers Drag GTBank To CBN
A Lagos-based law firm, Sholanke and Sholanke, has petitioned the Central Bank of Nigeria (CBN), urging it to direct Guaranty Trust Bank Plc (GTBank)...
High Expectations As CBN Affirms Alpha Morgan Bank’s Capitalisation
The Central Bank of Nigeria (CBN) has affirmed the capitalization of Alpha Morgan Bank, marking an important milestone in the Bank’s growth journey and...
Oshiomhole Commends CBN Reforms
Senator Adams Oshiomhole, who represents Edo North Senatorial District and serves on the Senate Committee on Finance, has commended the Central Bank of Nigeria...
History Recorded As Bank Of Industry Secures CBN Approval To Operate...
The Bank of Industry (BOI) has announced that it has received regulatory approval from the Central Bank of Nigeria (CBN) to operate a Non-Interest...
Nigerian Fintech’s Foreign Reliance Now Source Of Worries For CBN
Nigeria’s fintech sector, one of Africa’s fastest-growing, remains heavily dependent on foreign investment, exposing it to swings in global markets, the Central Bank of...
Recapitalisation: Silent Layoffs, Infrastructure Deficit Threat To $1trn Economy By Blaise...
The Central Bank of Nigeria’s recapitalisation exercise, which is scheduled for a March 31, 2026, deadline, has continued to reignite optimism across financial markets...
How Inside Jobs & Policy Shocks Trigger Nigeria’s Rising Loan Crisis...
The latest in the Nigerian banking sector, as banks grapple with the recapitalization compliance deadline, is confronted with a familiar yet unsettling problem that...
Ahead Of CBN Deadline, UBA Exceeds ₦500b Minimum Capital Base
Global financial institution, the United Bank for Africa (UBA Plc) has surpassed the ₦500 billion capital requirement set by the Central Bank of Nigeria...
