CBN Reaffirms Commitment to Financial Sector Reforms
Governor of the Central Bank of Nigeria, Olayemi Cardoso, has reaffirmed the country’s commitment to financial sector reforms and macroeconomic stability.
Mr Cardoso made this...
CBN Moves To Curb e-Fraud, Sets 30-minute Response Time For Banks
Central Bank of Nigeria (CBN) has directed banks and other financial institutions to significantly shorten their response time to electronic fraud incidents to under...
CBN Insists Double-Digit Inflation Unacceptable, Predicts Further Decline In 2026
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the Bank’s commitment to driving inflation firmly into single digits, stating that...
Nigeria’s US$46.7bn FX Reserves Not Built By Borrowing—Cardoso
Nigeria’s external reserves have surged to US$46.7 billion, the highest level in nearly seven years.
However, unlike previous episodes of reserve accumulation, the Central Bank...
CBN Orders Banks To Withdraw Misleading Adverts, Others
Central Bank of Nigeria CBN has directed all banks, payment service banks, and other regulated financial institutions to immediately withdraw any advertisements or promotional...
Breaking: CBN Retains Benchmark Interest Rate At 27%
Monetary Policy Committee of the Central Bank of Nigeria (CBN) has kept the benchmark interest rate unchanged at 27 per cent, extending its pause...
