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

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

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