94 m. ago Banks to share liability for fraud losses under CBN’s new push

Banks operating in Nigeria will now share liability for losses arising from Authorised Push Payment (APP) fraud under sweeping new read more Banks to share liability for fraud losses under CBN’s new push-payment rules

Politics

2 h. ago CBN orders banks to reimburse APP fraud victims within 48 hours

The Central Bank of Nigeria has ordered banks and other financial institutions to reimburse victims of Authorised Push Payment (APP) read more CBN orders banks to reimburse APP fraud victims within 48 hours

Politics

16 h. ago CBN, BUA, First Bank named among Abuja’s top land defaulters

The Federal Capital Territory Administration has listed the Central Bank of Nigeria, BUA International Limited, First Bank of Nigeria and read more CBN, BUA, First Bank named among Abuja’s top land defaulters

Politics

23 h. ago CBN, IBRD, 12 banks risk losing property titles as Wike orders enforcement

Twelve banks, including the Central Bank of Nigeria (CBN), may lose their property titles as the Federal Capital Territory Administration read more CBN, IBRD, 12 banks risk losing property titles as Wike orders enforcement

Politics

41 h. ago Cost of FATF grey listing: Cardoso laments $30bn potential investment loss in one year

Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has described Nigeria’s removal from the Financial Action Task Force (FATF) grey list as one of the country’s most significant economic wins this year. He asserted that remaining on the list could have cost the nation more than $30 billion in potential investment within […]

Politics

46 h. ago Police rescue seven men from torture den in Delta, arrest two

Delta police rescued seven men from a torture den in Warri, disguised as an internet fraud school. One victim escaped, leading to the raid and two arrests. Read More: https://punchng.com/police-rescue-seven-men-from-torture-den-in-delta-arrest-two/

Events

64 h. ago Financial Action Task Force Grey List Exit Restores $30bn In Lost Investment Potential – Cardoso

Nigeria, in the first 10 months of the year, recorded a total of $20.98 billion in foreign capital inflow, a 70 per cent rise over total inflows in 2024, governor of the Central Bank Nigeria (CBN), Olayemi Cardoso has revealed. This is even as he said, $30 billion in potential investments is being reclaimed following […]

Politics

3 d. ago Cardoso: 27 banks raise capital to meet recapitalisation targets

CBN Governor Olayemi Cardoso reports that 27 banks are raising funds to meet new bank recapitalisation targets ahead of the March 2026 deadline. Read More: https://punchng.com/cardoso-27-banks-raise-capital-to-meet-recapitalisation-targets/

Politics

3 d. ago 27 banks raise fresh capital in latest recapitalisation drive — CBN

The CBN Governor confirms 27 banks are on track with the bank recapitalisation exercise, raising fresh funds ahead of the March 2026 deadline. Read More: https://punchng.com/27-banks-raise-fresh-capital-in-latest-recapitalisation-drive-cbn/

Politics

3 d. ago Nigeria Attracts $20.98bn In 10 Months As CBN Says FATF Grey List Exit Restores $30bn

Nigeria in the first 10 months of the year recorded a total of $20.98 billion in foreign capital inflow, a 70 per cent rise over total inflows in 2024, Governor of the Central Bank Nigeria (CBN), Olayemi Cardoso, revealed as he said $30 billion in potential investments was being reclaimed following Nigeria’s exit from the […]

Politics

3 d. ago CBN to unveil FX manual to further strengthen market participation, naira

The Central Bank of Nigeria (CBN) said on Friday that it would soon unveil a revised foreign exchange manual aimed read more CBN to unveil FX manual to further strengthen market participation, naira

Politics

5 d. ago Naira strengthens as forex market turnover surges to $500m daily

Nigeria’s foreign exchange market is witnessing renewed stability as the naira continues to firm up against major currencies, buoyed by a significant rise in daily turnover to $500 million. The Central Bank of Nigeria (CBN) says the surge reflects growing liquidity and investor confidence following comprehensive reforms in the FX market. At the Nigerian Foreign […]

Politics

5 d. ago Manufacturers Seek Further Interest Rate Cuts To Spur Growth

The Manufacturers Association of Nigeria (MAN) has called for cuts in interest rates to alleviate borrowing costs and boost growth within the manufacturing sector. This appeal follows the Monetary Policy Committee (MPC) meeting, where the Central Bank of Nigeria (CBN) decided to maintain the benchmark interest rate at 27 per cent and adjust the Standing […]

Politics

7 d. ago Cardoso: CBN unable to restart interventions as ₦4.69trn remains unpaid

says Nigeria’s FATF delisting major boost for investors, banks Olayemi Cardoso, governor, Central Bank of Nigeria (CBN), on Tuesday said read more Cardoso: CBN unable to restart interventions as ₦4.69trn remains unpaid

Politics

8 d. ago Banks to face N3m penalty for failing to verify customer status

…bars affected customers from accessing bank credit for five years The Central Bank of Nigeria (CBN) has announced that Commercial, read more Banks to face N3m penalty for failing to verify customer status

Economics

8 d. ago Experts: Only lower interest rates can make Nigerians feel impact of reforms

As CFG Africa holds client engagement forum Experts have called on the Central Bank of Nigeria (CBN) to further read more Experts: Only lower interest rates can make Nigerians feel impact of reforms

Politics

8 d. ago Analysts Advocate Interest Rate Cut As Monetary Policy Committee Meets

Many analysts expect the Monetary Policy Committee (MPC) of the Central Bank of Nigeria(CBN)  to further cut rates by either 50 or 100 basis points on the back of the fast slowing inflation in the country as the Committee sits today for its  303rd two-day meeting (Monday and Tuesday, November 24, 25, 2025) to deliberate […]

Politics

8 d. ago Unsecured loans, corporate lending records higher default rates —CBN survey

Nigeria’s credit market is facing renewed strains as unsecured and corporate loans across all business segments recorded higher default rates in the third quarter of 2025, according to the Central Bank of Nigeria’s (CBN) latest Credit Conditions Survey dated September 2025. The report points to rising vulnerability in key sectors and underscores the need for […]

Politics

8 d. ago Analysts predict another MPC rate cut on disinflation, exchange rate dynamics

As the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) convenes today and tomorrow, financial analysts are increasingly forecasting another interest rate cut. The expectation is underpinned by sustained disinflation trends and stabilising exchange rate dynamics that continue to shape the nation’s monetary policy decisions. Recent data from the National Bureau of Statistics (NBS) […]

Politics

1 week ago CBN takes currency education to Anambra, warns against Naira abuse

The Central Bank of Nigeria (CBN) held a fair in Anambra to promote financial literacy and warn citizens against Naira abuse, such as spraying and mutilati Read More: https://punchng.com/cbn-takes-currency-education-to-anambra-warns-against-naira-abuse/

Events