Today: Jun 23, 2025

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Regulators

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
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CBEX Remains Banned, SEC Insists

The Securities and Exchange Commission (SEC) says CBEX (Crypto Bridge Exchange), operated by ST Technologies International Ltd—also known as Smart Treasure or Super Technology—remains banned from operating in Nigeria. The Commission conveyed
June 11, 2025

Don’t Invest In $PUN, SEC Warns

The Securities and Exchange Commission (SEC) has warned Nigerians against investing in the cryptocurrency known as Punisher Coin, or $PUN. This is due to its unauthorized presale and lack of regulatory approval,
June 9, 2025

Cardoso Wins African Banker Award

Mr. Olayemi Cardoso, Governor of the Central Bank of Nigeria, has been named the Central Bank Governor of the Year. He clinched the award at the 2025 African Banker Awards Gala, held
May 30, 2025

CBN Sells $50m Forex To Authorized Banks

The Central Bank of Bank has  conducted foreign exchange intervention to maintain the nation’s currency stability.  The apex bank sold $50 million to authorised dealer banks on Tuesday within the ranges of N1,581.92
May 28, 2025

PenCom Mandates Compliance Enforcement On Vendors

The National Pension Commission (PenCom),on Thursday issued a fresh directive to all Licensed Pension Fund Operators (LPFOs), comprising Pension Fund Administrators PFAs) and Pension Fund Custodians (PFCs). In a statement, the Commission
May 23, 2025

Nigeria’s Banking Sector Stable, Says CBN

The Central Bank of Nigeria (CBN) has reassured Nigerians that the country’s banking sector is stable and resilient. The assurance came on the heels of recent publications and social media reports that
May 20, 2025

CBN Launches Diaspora BVN Platform

The Central Bank of Nigeria,has unveiled the Non-Resident Bank Verification Number platform, a significant initiative aimed at enhancing financial access for Nigerians in the diaspora. The platform,which was unveiled in collaboration with
May 14, 2025
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