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

Scam: SEC Moves To Seize N1.3Trn CBEX’s Money

The Securities and Exchange Commission (SEC) is seeking the freezing of bank accounts belonging to Crypto Bridge Exchange (CBEX) and other defendants with commercial banks and financial institutions across Nigeria. SEC made
December 10, 2025

Nigeria’s Non-interest Capital Market Hits N1.6trn -SEC 

Nigeria’s non-interest capital market has grown to a valuation of over N1.6 trillion, underscoring its expanding role in deepening financial inclusion and supporting infrastructure development, Dr. Emomotimi Agama, the Director-General of the
November 6, 2025

Nigeria’s Cryptocurrency Transactions Hit $50bn

Dr. Emomotimi Agama, the Director-General of the Securities and Exchange Commission (SEC), has disclosed that over $50 billion worth of cryptocurrency transactions flowed through Nigeria between July 2023 and June 2024. He
October 26, 2025

CBN Speaks On Nigeria’s Removal From Grey List 

The Central Bank of Nigeria (CBN) says it welcomed the Financial Action Task Force’s (FATF) formal announcement of Nigeria’s removal from the grey list—jurisdictions under increased monitoring—following a successful on-site evaluation of
October 26, 2025

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
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