CBN

The Central Bank of Nigeria has granted approval-in-principle to global banking giant JPMorgan to establish a merchant bank in Nigeria. The planned bank, JPMorgan Merchant Bank Nigeria Limited, will still need a

The Central Bank of Nigeria (CBN) has warned that stronger capital alone will not guarantee a resilient financial system without sound corporate governance and effective risk management. The regulator stated this on

The Central Bank of Nigeria, CBN, recorded bids worth N4.4 trillion for Treasury Bills worth N700 billion at its auction on Wednesday, August 12, 2026. Despite the strong demand, the CBN raised

The Central Bank of Nigeria (CBN) has said that Nigeria can build a digital financial system that will serve as a model for Africa and the world. CBN Governor, Yemi Cardoso, said

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, on Tuesday defended the apex bank’s foreign exchange reforms, saying Nigeria now operates a transparent and functional foreign exchange market. He said

The Central Bank of Nigeria has issued new operational guidelines for Bureau De Change operators. The July 15, 2026 circular, signed by Aderinola Shonekan, Director of Trade & Exchange, introduces an electronic

The Central Bank of Nigeria warned that refusing to accept ₦100 bank note is a violation of the Central Bank of Nigeria Act 2007. It urged the public to report any individual,

The Central Bank of Nigeria says it revoked the operating licences of 46 microfinance banks across the country on account of persistent regulatory breaches and failure to meet requirements for continued operation.

The Central Bank of Nigeria (CBN) has launched its ambitious Payments System Vision (PSV) 2028, a strategic roadmap aimed at accelerating financial inclusion, expanding digital transactions, stimulating economic growth, and creating new

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has retained the Monetary Policy Rate (MPR) at 26.5 per cent, maintaining its tight monetary measure as it seeks to contain