CBN
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Banks Deposit N4.15 Trillion With CBN as Excess Liquidity Persists
Banks Deposit N4.15 Trillion With CBN as Excess Liquidity Persists Nigerian commercial banks deposited N4.15 trillion with the Central…
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Nigerian Banks’ Borrowing from CBN Drops 96% to N2.33tn in H1 2026
Nigerian Banks’ Borrowing from CBN Drops 96% to N2.33tn in H1 2026 Nigerian banks significantly reduced their borrowing from…
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Police Witness Alleges $6.23 Million Election Observer Fund Was Diverted in Emefiele Trial
Police Witness Alleges $6.23 Million Election Observer Fund Was Diverted in Emefiele Trial The trial of former Central Bank…
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CBN Revokes Licences of 46 Microfinance Banks Over Regulatory Breaches
CBN Revokes Licences of 46 Microfinance Banks Over Regulatory Breaches ABUJA, Nigeria – The Central Bank of Nigeria (CBN)…
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Bank Recapitalisation Exposes Hidden Wealth, Worsens Inequality in Nigeria
Bank Recapitalisation Exposes Hidden Wealth, Worsens Inequality in Nigeria Nigeria’s ongoing bank recapitalisation exercise has brought to light significant hidden…
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NDIC Advances Final Phase in Closure of 89 Failed Microfinance, Mortgage Banks
The Nigeria Deposit Insurance Corporation (NDIC) has commenced the final phase of liquidating 89 failed microfinance and primary mortgage banks…
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CBN Targets $1bn Monthly Diaspora Remittances by 2026
CBN Targets $1bn Monthly Diaspora Remittances by 2026 The Central Bank of Nigeria (CBN) has set an ambitious target of…
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CBN Cuts Net Loans by N4.1tn, Recovers N253bn Intervention Funds Amid Tightening Reforms
The Central Bank of Nigeria (CBN) recorded a sharp reduction of N4.145 trillion in net loans and receivables in 2024,…
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News
Senate Confirms Professor Melvin Ayogu as CBN Board Member
The Senate on Tuesday confirmed the nomination of Professor Melvin Damian Ayogu as a member of the Board of Directors…
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News
FG engages CBN, banks on road construction
As part of the public-private partnership initiative, the Federal Government on Tuesday engaged the Central Bank of Nigeria (CBN)…
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