74 m. ago CBN ends loan waivers, orders banks to submit capital plans July 14

Tribune Online CBN ends loan waivers, orders banks to submit capital plans July 14 As Nigeria advances toward its March 2026 bank recapitalisation deadline, the Central Bank of Nigeria (CBN) has announced a decisive end to COVID-era regulatory forbearance and loan waivers, signaling a return to stricter oversight and stronger capital standards. In a circular dated June 20, 2025 and signed by the Director of Banking Supervision, Dr. Olubukola […] CBN ends loan waivers, orders banks to submit capital plans July 14 Tribune Online

Politics

10 h. ago CBN, banks expand payment frontiers with naira card usage abroad

Nigerian banks last week resumed international usage of naira debit cards, setting various spending limits as foreign exchange (FX) conditions read more CBN, banks expand payment frontiers with naira card usage abroad

Politics

21 h. ago 7 banks face N965bn gap amid rising recapitalisation pressure

•Analysts project positive outlook for banking sector in H2 By Chinwendu Obienyi Seven commercial banks are racing against time to plug a combined capital shortfall of N964.8 billion, as the Central Bank of Nigeria’s (CBN) recapitalisation deadline draws nearer, deepening investor scrutiny and market anxiety across the sector. According to new disclosures and market data […] The post 7 banks face N965bn gap amid rising recapitalisation pressure appeared first on The Sun Nigeria.

Politics

41 h. ago CBN clarifies NRBVN charges for Nigerians in diaspora, reaffirms commitment to financial inclusion

The Central Bank of Nigeria (CBN) has moved to dispel concerns over purported hidden fees tied to the recently launched read more CBN clarifies NRBVN charges for Nigerians in diaspora, reaffirms commitment to financial inclusion

Politics

50 h. ago Recapitalization watch: Nigerian banks tread carefully between capital targets and dividend payouts

Tribune Online Recapitalization watch: Nigerian banks tread carefully between capital targets and dividend payouts As Nigerian banks race to meet the Central Bank of Nigeria’s (CBN) new recapitalization requirements, a growing tension is emerging: how to comply with stringent regulatory benchmarks while maintaining attractive dividend payouts for shareholders. In the latest edition of Proshare’s Bank Recapitalization Watch, several lenders have made progress in their capital-raise programmes, although many are […] Recapitalization watch: Nigerian banks tread carefully between capital targets and dividend payouts Tribune Online

Politics

3 d. ago Exchange rate gap narrows on rising forex inflows, CBN policies

•How rising FX inflows support exchange rate stability, narrowing gap between official, parallel market rates By Michael Nwadike The gap between official and parallel market rates narrowed to N34/$ as average monthly FX inflows hit $5.95 billion. The development is fuelled by key policies being implemented by the Central Bank of Nigeria (CBN) to support […] The post Exchange rate gap narrows on rising forex inflows, CBN policies appeared first on The Sun Nigeria.

Politics

3 d. ago PMI: agriculture maintains the lead as economic activity expands for the sixth consecutive month

The Central Bank of Nigeria (CBN) on Friday released its June 2025 Purchasing Managers Index (PMI) report, indicating that economic read more PMI: agriculture maintains the lead as economic activity expands for the sixth consecutive month

Politics

4 d. ago Return Cashless Policy To Strengthen The Naira — Yul Edochie To Tinubu

Renowned Nigerian actor Yul Edochie has appealed to President Bola Ahmed Tinubu, urging him to reinstate the cashless policy previously introduced by the Central Bank of Nigeria (CBN). Sharing his thoughts via Instagram on Thursday, the actor pointed out that the cashless policy offered significant benefits, particularly in strengthening the economy and enhancing national security. […] The post Return Cashless Policy To Strengthen The Naira — Yul Edochie To Tinubu appeared first on Information Nigeria.

Politics

6 d. ago Fiscal support key to sustaining inflation, naira gains – IMF

The International Monetary Fund (IMF) has thrown its weight behind the Central Bank of Nigeria’s (CBN) ongoing fight against inflation, read more Fiscal support key to sustaining inflation, naira gains – IMF

Politics

6 d. ago CBN’s prudential measures signal strong banking sector leadership

The Central Bank of Nigeria (CBN) has again demonstrated its commitment to maintaining a resilient and stable banking sector. On read more CBN’s prudential measures signal strong banking sector leadership

Politics

7 d. ago How CBN’s regulatory reforms have transformed Nigeria’s instant payment system

Tribune Online How CBN’s regulatory reforms have transformed Nigeria’s instant payment system By Ayobami Oyalowo IN the past decade, Nigeria has emerged as a continental leader in digital payments, boasting one of the most dynamic and fastest-growing instant payment systems in the world. At the core of this transformation is the Central Bank of Nigeria’s (CBN) forward-looking regulatory strategy, especially its Payments System Vision 2025 (PSV2025) which […] How CBN’s regulatory reforms have transformed Nigeria’s instant payment system Tribune Online

Politics

8 d. ago Exchange rate gap narrows on rising FX inflows, CBN policies

Rising FX inflows occasioned by the policies of the Central Bank of Nigeria (CBN) have supported exchange rate stability and read more Exchange rate gap narrows on rising FX inflows, CBN policies

Politics

8 d. ago CBN posts $3.73bn current account surplus in Q1 2025, driven by surge in non

From Adanna Nnamani, Abuja Nigeria recorded a current account surplus of $3.73 billion in the first quarter of 2025, buoyed by a strong rebound in the goods account and a surge in non-oil exports. This was according to the latest Balance of Payments (BoP) statistics released by the Central Bank of Nigeria (CBN). Though the […] The post CBN posts $3.73bn current account surplus in Q1 2025, driven by surge in non-oil exports appeared first on The Sun Nigeria.

Politics

9 d. ago Bank recapitalisation: Strengthening Nigeria’s financial system for a trillion

Tribune Online Bank recapitalisation: Strengthening Nigeria’s financial system for a trillion-dollar economy The Central Bank of Nigeria (CBN) is pushing ahead with sweeping reforms to reinforce the nation’s financial system through a historic recapitalisation drive for banks and Bureaux De Change (BDCs), writes JOSEPH INOKOTONG. The Central Bank of Nigeria’s recapitalisation exercise is gaining momentum as banks and Bureaux De Change (BDCs) take steps to meet the […] Bank recapitalisation: Strengthening Nigeria’s financial system for a trillion-dollar economy Tribune Online

Politics

9 d. ago Nigeria records $10.6bn portfolio investment crash in Q1 2025

FDI drops by 19% From Adanna Nnamani, Abuja Nigeria suffered a $10.6 billion crash in portfolio investment in the first quarter of 2025, reflecting deepening capital flight and rising investor concerns over the country’s economic direction. The latest Balance of Payments report released by the Central Bank of Nigeria (CBN) showed that portfolio investment liabilities […] The post Nigeria records $10.6bn portfolio investment crash in Q1 2025 appeared first on The Sun Nigeria.

Events

1 week ago CBN’s policies trigger inflation rate dip as growth prospects rise

By Michael Nwadike The significant drop in Nigeria’s inflation rate in May has been largely attributed to key policy implementation by the Central Bank of Nigeria (CBN) as well as monetary-fiscal policies alliance. The National Bureau of Statistics (NBS) data showed that Nigeria’s annual inflation rate eased to 22.97 per cent in May from 23.71 […] The post CBN’s policies trigger inflation rate dip as growth prospects rise appeared first on The Sun Nigeria.

Politics

1 week ago Remit N3.64trn unpaid Operating Surplus within 14 days, Reps tell CBN

Tribune Online Remit N3.64trn unpaid Operating Surplus within 14 days, Reps tell CBN During the session, lawmakers interrogated the apex bank on its failure to remit operating surplus funds and Remit N3.64trn unpaid Operating Surplus within 14 days, Reps tell CBN Tribune Online

Politics

1 week ago CBN’s open banking is here: A new chapter for Nigerian consumers

After years of anticipation, the Central Bank of Nigeria (CBN) has finally approved the rollout of open banking, with full read more CBN’s open banking is here: A new chapter for Nigerian consumers

Politics

2 w. ago Osun LG crisis deepens as PDP accuses CBN of sabotage, demands transfer of CBN leader

From Lateef Dada, Osogbo The crisis over the control of local government in Osun State has deepened as the Central Bank of Nigeria (CBN) allegedly prevented the newly elected local government chairmen under the Peoples Democratic Party (PDP) from opening accounts for statutory allocations. Speaking at a press conference in Osogbo on Tuesday, the Osun […] The post Osun LG crisis deepens as PDP accuses CBN of sabotage, demands transfer of CBN leader appeared first on The Sun Nigeria.

Politics

2 w. ago Alleged $4.5bn fraud: Emefiele seeks forensic review of WhatsApp chats

Tribune Online Alleged $4.5bn fraud: Emefiele seeks forensic review of WhatsApp chats The former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has requested a forensic review of WhatsApp conversations submitted as evidence in his ongoing $4.5 billion and ₦2.8 billion fraud trial. Alleged $4.5bn fraud: Emefiele seeks forensic review of WhatsApp chats Tribune Online

Politics