The Central Bank of Nigeria (CBN) has issued new guidance limiting the suspension of payment obligations involving troubled banks and […]
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JUST-IN: CBN Revokes Licenses Of 46 Microfinance Banks (Full List)
The Central Bank of Nigeria, CBN, has revoked the operating licences of 46 microfinance banks across the country for failing […]
Continue readingFULL LIST: CBN Orders Freezing Of Bank Accounts Of Terrorism Financing Suspects
The Central Bank of Nigeria (CBN) has directed all banks, payment service banks, and other financial institutions to immediately freeze […]
Continue readingCBN Warns Against Naira Abuse, Unveils Students’ Club
The Central Bank of Nigeria has raised concerns over the persistent abuse of the naira, warning that the defacing and […]
Continue readingNigeria’s Foreign Reserves Increase By Over $1 Billion In Two Weeks
Nigeria’s foreign reserves grew by more than $1 billion in the first half of June 2026, continuing the positive trend […]
Continue readingTSA: Reps Recover N521 Million Withheld VAT From CBN
The House of Representatives Public Accounts Committee on Sunday confirmed the recovery of ₦521,765,134.17 in unremitted Value Added Tax (VAT) […]
Continue readingHow $6.23billion Was Moved From CBN Coffers To Fund ‘Foreign Observers’ Of 2023 Election
A witness, Chinedu Eneanya, on Monday, April 27, 2026, told Justice Hamza Muazu of the Federal Capital Territory (FCT) High […]
Continue readingCBN: 10 Key BVN Rule Changes From May 1
The Central Bank of Nigeria has outlined 10 key changes to Bank Verification Number (BVN) rules, set to take effect […]
Continue readingFLASH: Viral N5,000 Note Is Fake – CBN Clears Air
The Central Bank of Nigeria (CBN) has warned of a “fake” viral N5,000 banknote circulating on social media. The image, […]
Continue readingWhat You Must Know As CBN Tightens BVN Rules From May 1
As the Central Bank of Nigeria (CBN) is set to roll out a new set of Bank Verification Number (BVN) […]
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