Old Naira Notes Still Valid,CBN Insists

The Central Bank of Nigeria (CBN) has again clarified that the old N1000, N500, and N200 banknotes,are still valid. Mrs. Sidi Ali Hakama,Acting Director,Corporate Communications,clarified this in a statement made available to
December 14, 2024

Beware Of AI-Generated Investment Scams, SEC Warns

The Securities and Exchange Commission (SEC) has warned Nigerians to beware of the spate of artificial intelligence (AI)-driven scams that are targeting unsuspecting investors with promises of guaranteed profits and fake celebrity
September 28, 2025

Pensioners To Earn Returns In Dollars-PenCom

The National Pension Commission (PenCom) is working with the Central Bank of Nigeria (CBN) and the Federal Ministry of Finance on mechanisms that will allow pension investments in naira and generate returns
September 25, 2025

CBN Slashes Interest Rate To 27%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday announced a reduction to the Monetary Policy Rate (MPR) by 50 basis points, reducing it from 27.5 percent
September 23, 2025

SEC Nigeria Clears Air On First Holdco Transaction

The Securities and Exchange Commission (SEC) has clarified its role and actions concerning the recent First Holdco Transaction. It said the “no objection” approval given to the transaction was fully compliant with
July 24, 2025

CBN Retains Monetary Policy Rate At 27.50%

The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC),has resolved to maintain all key monetary policy parameters, including the Monetary Policy Rate (MPR) at 27.50 percent. Olayemi Cardoso, the Central Bank
July 22, 2025
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