The Central Bank of Nigeria (CBN) has reversed its seven-year restriction on local investors participating in Open Market Operations (OMO), now allowing all eligible investors, including individuals, corporates, and non-bank financial institutions, to purchase and trade securities.

The Central Bank of Nigeria (CBN) has opened applications for the second cohort of its Regulatory Sandbox Programme, introducing dedicated tracks specifically for virtual assets and data-enabled financial services.

The Central Bank of Nigeria (CBN) and Dangote Group are among the top nominees for the 2026 Almond Insurance Industry Awards, with the full shortlist and voting details now available.

The Central Bank of Nigeria (CBN) asserts that its strategic economic reforms implemented over the past 34 months have established a strong foundation for sustainable economic growth, financial stability, and inclusive development.

Nigeria's foreign reserves have reached a 17-year high, surpassing $52.5 billion, according to the Central Bank of Nigeria (CBN). This figure also exceeds the country's annual target for foreign reserves.

The Central Bank of Nigeria (CBN) is preparing to sanction 34 institutions for violating foreign exchange rules, as disclosed in its 2025 Annual Report.

A Nigerian Senate panel has questioned the Central Bank of Nigeria (CBN) on various monetary policies, including inflation, bank recapitalization, and foreign reserves. The CBN has also advised banks to prioritize governance over opening new accounts.

The Central Bank of Nigeria (CBN) has admitted to opening domiciliary accounts for the fictitious PFIPC, contradicting earlier claims, as Chief of Staff Gbajabiamila testifies in the ongoing scandal.

The Nigerian House of Representatives has directed the Accountant-General to disclose revenue debts owed by the Central Bank of Nigeria (CBN) and the Nigerian National Petroleum Company (NNPC), and to probe fund withdrawals by Ministries, Departments, and Agencies (MDAs).

A Central Bank of Nigeria (CBN) report indicates that Nigerian businesses maintain optimism, despite facing challenges such as high taxes and insecurity, based on a survey of 1,900 enterprises in June.

The Central Bank of Nigeria (CBN) has clarified that the Standard N100 note is still legal tender and must be accepted for all transactions.

Nigeria's Galaxy Backbone is intensifying efforts to attract banks and fintechs to its digital infrastructure services, following a data localization directive from the Central Bank of Nigeria (CBN). The move aims to boost local digital infrastructure adoption.

The Central Bank of Nigeria (CBN) has introduced new HoldCo rules for banks and data regulations, which are expected to influence bank investors and drive the expansion of digital infrastructure in the country.

Jaiz Bank faced significant sanctions from the Central Bank of Nigeria (CBN) and the Nigerian Exchange Group (NGX) for breaches related to anti-money laundering, customer due diligence, and filing infractions.

The Central Bank of Nigeria (CBN) reported that Nigerian banks and their customers collectively lost N134 billion to banking fraud between 2020 and 2025, attributing the surge to the expansion of digital payments.

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has introduced the Nigerian Overnight Financing Rate (NOFR) to adapt financial systems to evolving economic realities, providing a benchmark for pricing loans and deposits.

The Central Bank of Nigeria (CBN) has proposed new guidelines aimed at establishing clear operational and functional boundaries among closely linked entities within the financial system.

The Central Bank of Nigeria (CBN) has raised the foreign exchange remittance limit for Nigerian students' tuition abroad to $25,000 per semester.

The Central Bank of Nigeria (CBN) has launched its Nigeria Payments System Vision (PSV) 2028, a strategic framework designed to foster a more efficient, innovative, and financially inclusive payments ecosystem in the country.

Nigeria's food import bill decreased by 7% to $2.34 billion in 2025, according to Central Bank of Nigeria (CBN) data, indicating a shift in economic priorities and reduced reliance on imports.

The Central Bank of Nigeria (CBN) has extended the enforcement deadline for PoS geo-fencing to August 1, 2026, providing financial institutions with additional time to ensure compliance.

Following a directive from the Central Bank of Nigeria (CBN), four major Nigerian banks have published details of over 321,000 dormant bank accounts, sparking privacy and economic concerns.

The Central Bank of Nigeria (CBN) is pressing state governments to decrease their reliance on overdrafts and improve fiscal discipline to support the nation's transition to an inflation-targeting framework.

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has issued a stern warning to bank directors and industry leaders to enhance corporate governance or face decisive regulatory action.

The Nigerian Senate has expedited the confirmation process for Yuguda to assume the role of Deputy Governor at the Central Bank of Nigeria (CBN).

The Central Bank of Nigeria (CBN) emphasizes financial literacy as a critical life skill essential for individual empowerment and national economic growth. Read More:…

The Central Bank of Nigeria (CBN) has donated an FM-200 fire suppression system to the Kwara Fire Service, aiming to enhance its emergency response capabilities and public safety measures.

The Central Bank of Nigeria (CBN) is implementing new measures to enhance trust in the country's financial system by tightening oversight on virtual asset operators and digital financial platforms.

The Central Bank of Nigeria (CBN) and Financial Markets Dealers Associations have launched the Nigerian Overnight Financing Rate (NFOR) as a new money market benchmark to promote consistent pricing of money market instruments.

The Central Bank of Nigeria (CBN) is increasing its regulatory oversight of the digital finance sector. This move aims to improve stability, protect consumers, and build investor confidence in the rapidly expanding digital financial landscape.

The Central Bank of Nigeria (CBN) has officially denied the authenticity of a widely circulated image depicting a new N5,000 banknote featuring President Tinubu, confirming it as fake.

The Central Bank of Nigeria (CBN) has announced the conclusion of its banking sector recapitalization program, with 33 deposit money banks raising N4.65 trillion to expand lending and support economic growth.

The Central Bank of Nigeria (CBN) has appealed a Federal High Court judgment that nullified its takeover of Union Bank of Nigeria Plc, arguing the lower court erred in law by holding it acted outside its statutory powers.

The Central Bank of Nigeria (CBN) has announced that International Oil Companies (IOCs) can now repatriate 100% of their export proceeds, a move aimed at boosting forex liquidity and market stability.

The Central Bank of Nigeria (CBN) has reiterated its dedication to engaging with academic and research communities as the country moves towards a full Inflation Targeting (IT) monetary policy regime.

The Central Bank of Nigeria (CBN) has implemented a ban on maize importation, a policy decision with significant implications for the country's agricultural sector and food security.

Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has said that Nigeria’s recent monetary and financial-sector reforms have strengthened the country’s capacity to withstand external shocks and restored investor confidence. The post Cardoso: Nigeria’s financial reforms boost shock resistance, investor confidence appeared first on Vanguard News.

Data published on the website of the Central Bank of Nigeria (CBN) showed the Naira gained N5.27 during Friday’s trading session. The post Forex: Naira ends week stronger appeared first on Premium Times Nigeria.

Nigeria's ongoing recapitalisation of banks, driven by the Central Bank of Nigeria (CBN), is set to conclude by March 31 and is seen as a crucial step in the federal government's pursuit of a $1 trillion economy.

The Central Bank of Nigeria (CBN) confirms 30 banks have met the new minimum capital rules under the ongoing bank recapitalisation exercise ahead of the de Read More: https://punchng.com/30-banks-met-recapitalisation-ahead-of-march-deadline-cbn/

…as currency outside bank drops 3% •Credit to govt, private sector shrinks  By Elizabeth Adegbesan Nigeria’s money supply (M²) fell by 0.8 percent month-on-month (MoM) to N123.4 trillion in January 2025 from N124.4 trillion in December 2025, indicating low liquidity in the banking system despite a decline in interest rate. Central Bank of Nigeria (CBN) Open Market […] The post Nigeria’s money supply drops slightly to N123trn appeared first on Vanguard News.

The Central Bank of Nigeria (CBN) has taken delivery of responsibly sourced gold, refined to London Bullion Market Association (LBMA) Good Delivery standards, for inclusion in its foreign reserves.

The Economic and Financial Crimes Commission (EFCC) informed a Lagos State Special Offences Court that the Board of Governors of the Central Bank of Nigeria (CBN) had approved the takeover of Arik Air Limited by the Asset Management Corporation of Nigeria (AMCON).

The Central Bank of Nigeria (CBN) governor announced that diaspora remittances have reached $600 million monthly, with ongoing reforms targeting an increase to $1 billion in the near term.

The Central Bank of Nigeria (CBN) has lifted its 2019 restriction on Open Market Operations (OMO), allowing local investors to participate in the market once again.

The Central Bank of Nigeria (CBN) is deepening its fintech regulation by opening a second sandbox cohort, creating fresh opportunities for digital finance innovation.

The Central Bank of Nigeria (CBN) has cancelled a N700bn T-bills auction, citing a severe liquidity squeeze after it had previously mopped up N4.69tn from the banking system.

The Central Bank of Nigeria (CBN) reported that banks increased their credit supply during the second quarter, coinciding with a decline in loan defaults, particularly for corporate and secured loans.

The Central Bank of Nigeria (CBN) is preparing to regulate the country's digital asset market, including cryptocurrencies and stablecoins, under a new framework designed to foster growth and protect consumers.

Bank customers in Nigeria lodged 23,129 complaints against financial institutions in 2025, an 11% increase over the previous year, prompting the Central Bank of Nigeria (CBN) to order N19 billion in refunds and impose N1.69 billion in penalties for banks' breaches.

The Nigerian Senate has summoned the Central Bank of Nigeria (CBN), the Nigerian National Petroleum Company Limited (NNPCL), and 40 other Ministries, Departments, and Agencies (MDAs). This action is part of a probe into public funds and claims of non-remittance of revenue.

Despite global economic challenges, the Central Bank of Nigeria (CBN) announced its intention to strengthen policies to reduce rising inflation to single digits by 2027.

A Director at the Central Bank of Nigeria (CBN), Hamisu Abdullahi, informed a House of Representatives ad-hoc committee that government accounts are opened only with authorization from the Office of the Accountant General of the Federation (OAGF), amidst a probe into the Presidential Foreign Investment Promotion Council (PFIPC).

Nigeria's House of Representatives has launched an investigation into the Central Bank of Nigeria (CBN) and the Nigerian National Petroleum Company Limited (NNPCL) regarding an alleged N5.3 trillion in unremitted operating surplus, raising concerns about the nation's revenue performance.

Sterling HoldCo has announced the appointment of two new directors to its board, following regulatory approval from the Central Bank of Nigeria (CBN).

A court has directed the Central Bank of Nigeria (CBN), Nigeria Inter-Bank Settlement System (NIBSS), and others to explore an out-of-court settlement in a N98.5 billion patent infringement suit. The move aims to resolve the dispute without further litigation.

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has launched the CBN Naira Ambassadors Club. This campaign aims to promote respect for and proper handling of the Naira among Nigerians.

The Central Bank of Nigeria (CBN) has launched its Payments System Vision 2028, aiming to transform the nation's economy through robust digital payment systems. This initiative seeks to foster growth, financial inclusion, and trade.

The Central Bank of Nigeria (CBN) has directed all banks and financial technology companies to localize the storage of payment data within the country. This order aims to ensure that all payment information is kept within Nigeria's borders.

The Central Bank of Nigeria (CBN) has launched the fourth edition of its Foreign Exchange Manual, set to take effect on June 1. The new manual aims to deepen FX transparency, potentially increasing dollar liquidity and enhancing market confidence.

The Central Bank of Nigeria (CBN) aims to bring N2.83 trillion cash from private hands into the banking system and onboard 50 million Nigerians by 2028, ahead of the 2027 elections.

According to data from the Central Bank of Nigeria (CBN), the country spent $2.34 billion on food imports in 2025, highlighting its continued reliance on imported food and its economic implications.

A Federal High Court in Abuja has ruled that the Central Bank of Nigeria (CBN) holds sole ownership rights to the eNaira digital currency platform.

The Centre for the Promotion of Private Enterprise (CPPE) has advised the Central Bank of Nigeria (CBN) against further monetary tightening, warning that higher interest rates could hinder economic growth, private-sector investment, and employment.

The Central Bank of Nigeria (CBN) has cautioned non-interest banks about significant governance weaknesses and compliance risks. This warning aims to ensure the stability and integrity of the non-interest banking sector.

The Central Bank of Nigeria (CBN) has emphasized the critical role of fiscal discipline by state governments in ensuring a successful transition to an inflation targeting monetary policy framework.

An Osun court has summoned the Central Bank of Nigeria (CBN) to address a N100.1 million police judgment debt owed to the state’s electoral commission for unlawfully halting a local election.

President Bola Ahmed Tinubu commended Olayemi Cardoso for leading reforms at the Central Bank of Nigeria (CBN), stating that his policies are contributing to rebuilding Nigeria’s economy for long-term growth.

The Central Bank of Nigeria (CBN) has increased the fee for issuing and replacing ATM debit/credit cards by 50%, raising it from N1,000 to N1,500.

The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have partnered to address and combat digital fraud signals.

The International Monetary Fund (IMF) has endorsed Nigeria's bank recapitalization, a key reform initiated by the Central Bank of Nigeria (CBN), highlighting its role in strengthening capital buffers and enhancing financial stability.

The Nigerian House of Representatives Ad-Hoc Committee investigating the $460 million Closed Circuit Television (CCTV) surveillance project in the Federal Capital Territory has ordered the Central Bank of Nigeria (CBN) to suspend any further payments to ZTE Corporation.

Polaris Bank partners with the Central Bank of Nigeria (CBN) for Global Money Week 2026, launching a financial literacy initiative to equip students with skills in saving and budgeting.

The Central Bank of Nigeria (CBN) implemented updated guidelines for agent banking, regulating Point of Sale (PoS) operators and financial service providers, effective April 1, 2026.

The Centre for the Promotion of Private Enterprise (CPPE) has commended the Central Bank of Nigeria (CBN) for the successful implementation of its bank recapitalisation programme, with 32 banks reportedly meeting the new minimum capital requirements.

The Central Bank of Nigeria (CBN) has significantly reduced its Ways & Means portfolio to N2.84 trillion, down from N26.95 trillion inherited by the current administration, as disclosed by Governor Olayemi Cardoso.

Nigerian banks have raised N4.61 trillion ahead of the March 31 deadline, while the Central Bank of Nigeria (CBN) Governor, Mr. Olayemi Cardoso, continues to emphasize the need for African financial regulators to enhance cooperation in managing cross-border risks and ensuring stability.

The Central Bank of Nigeria (CBN) has been honored with the global 'Central Bank of the Year' award by Central Banking magazine. This recognition acknowledges the CBN's comprehensive policy reforms that have successfully restored macroeconomic stability and boosted investor confidence in Nigeria.

The Central Bank of Nigeria (CBN) is expanding its anti-money laundering systems through the implementation of automation.

The Central Bank of Nigeria (CBN) has implemented stricter rules for Bank Verification Number (BVN) enrollment, limiting it to individuals aged 18 and above and restricting phone number amendments to a one-time change, in an effort to curb fraudulent transactions.

The Central Bank of Nigeria (CBN) has instructed commercial banks to block loan defaulters, particularly large-ticket borrowers, from accessing new credit facilities within the banking system. The post CBN orders banks to deny loan defaulters access to new credit appeared first on Vanguard News.

The Central Bank of Nigeria (CBN) has directed banks to conduct a comprehensive stress test on their credit portfolios beginning from April 1, 2026, as part of measures to ensure the continued stability of the nation’s banking system. The post CBN orders banks to conduct stress test from April appeared first on Vanguard News.

The Nigerian Senate has rejected the creation of a new fintech body, instead granting full oversight for fintech regulation to the Central Bank of Nigeria (CBN).

A Nigerian Senate committee has advocated for legislation to explicitly place fintech operations under the supervision of the Central Bank of Nigeria (CBN).

By Babajide Komolafe The Governor of  the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso has disclosed that the nation’s Net External Reserves rose 50.5 per cent, year-on-year, to $34.8 billion in 2025 from $23.11 billion in 2024.   In a statement from the apex bank, Cardoso said that the growth in external reserves reflects stronger external […] The post Nigeria’s Net External Reserves rises 50.5% to $34.8bn- Cardoso appeared first on Vanguard News.

The Central Bank of Nigeria (CBN) has reduced its Monetary Policy Rate (MPR), the benchmark interest rate, by 50 basis points to 26.5%, as external reserves hit $50.4 billion.

The Central Bank of Nigeria (CBN) has removed restrictions on foreign exchange and government securities access to its discount window, effective immediately, directing banks to comply.

The Central Bank of Nigeria (CBN) reported that credit for house purchases by households increased to 9.6 index points in Q2 2026, indicating a rise in Nigerians borrowing to buy homes.

The Manufacturers Association of Nigeria (MAN) has called on the Central Bank of Nigeria (CBN) to reduce lending rates to below 20% to stimulate growth in the manufacturing sector and improve access to credit.

A survey by the Central Bank of Nigeria (CBN) revealed that high or multiple taxation, insecurity, and high interest rates were the primary constraints faced by Nigerian businesses in July.

The Centre for the Promotion of Private Enterprise (CPPE) has called on the Central Bank of Nigeria (CBN) to rethink its development finance strategies, stating that the real sector faces a significant N50 trillion funding gap due to structural market failures.

Nigeria's microfinance banks (MFBs) are projected for substantial growth as reforms and recapitalization efforts by the Central Bank of Nigeria (CBN) gain momentum, enhancing credit access for underserved populations.

Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), has attributed the scarcity of N100 and N200 notes to the increasing adoption of digital payment channels and the declining purchasing power of lower-denomination currencies.

The Central Bank of Nigeria (CBN) has stated that two foreign currency accounts opened for the Presidential Foreign Investment Promotion Council, identified as a fake agency, were never activated because the agency failed to provide authorized signatories.

The Office of the Head of the Civil Service of the Federation (OHCSF) and the Central Bank of Nigeria (CBN) have distanced themselves from the establishment and operations of the alleged Presidential Foreign Investment Promotion Council (PFIPC), revealing inactive accounts.

The Nigerian House of Representatives Public Accounts Committee (PAC) has directed the Office of the Accountant-General of the Federation (OAGF) to provide a comprehensive breakdown of outstanding operating surplus and other revenues allegedly owed by the Central Bank of Nigeria (CBN) and the Nigerian National Petroleum Company Limited (NNPCL).

Punch's morning recap provides updates on several top stories, including the Independent National Electoral Commission (INEC) battling six election lawsuits, the Central Bank of Nigeria (CBN) clarifying the validity of the old N100 note, and May Edochie heading to court.

Galaxy Backbone is intensifying efforts to attract banks and fintechs to its digital infrastructure services after the Central Bank of Nigeria (CBN) issued a directive on local data storage.

New data from the Central Bank of Nigeria (CBN) indicates a N17.4 trillion surge in the Federal Government's borrowing, highlighting increased public sector debt and potential crowding out of private sector credit.

The Central Bank of Nigeria (CBN) has issued a warning against the abuse of the naira, citing increased costs and reduced lifespan for the currency. The bank also unveiled a new Naira Ambassadors Club for students.

The Central Bank of Nigeria (CBN) has mandated banks, fintechs, and other payment operators to localize payment data and set caps on market dominance, with a compliance deadline of December 31, 2026.

The Central Bank of Nigeria (CBN) has prohibited closely linked financial entities from extending loans or guaranteeing each other's obligations without prior approval from the bank.

The Central Bank of Nigeria (CBN) has issued new Foreign Exchange Guidelines, permitting individuals to carry up to $50,000 in cash, provided it is declared upon exit.

The Central Bank of Nigeria (CBN) aims to achieve 95% financial inclusion and faster money transfers by 2028, a vision intended to modernize national payments infrastructure and enhance regional commerce and export competitiveness.

The Central Bank of Nigeria (CBN) has extended the deadline for enforcing its Point of Sale (PoS) terminal geo-fencing framework to July 31, allowing more time for compliance.

The Central Bank of Nigeria (CBN) has extended the deadline for compliance with its Point of Sale (PoS) geo-fencing metre and related regulations to August 1.

The Central Bank of Nigeria (CBN) has maintained its Monetary Policy Rate (MPR) at 26.5 percent, along with other monetary rate parameters, and announced that it will not intervene in the foreign exchange market.

The Central Bank of Nigeria (CBN) has introduced the 4th Edition of its Foreign Exchange Manual, allowing foreign companies in the extractive industry 100 percent unfettered access to their export proceeds.

The Central Bank of Nigeria (CBN) is implementing stricter governance standards following the banking sector recapitalization to enhance financial stability and foster economic growth.

Fintech company OPay collaborated with the Central Bank of Nigeria (CBN) to promote youth financial literacy during the Global Money Week 2026 Financial Literacy Fair and Exhibition held in Abuja.

The Nigerian Senate has confirmed Yuguda as the new Deputy Governor of the Central Bank of Nigeria (CBN). This confirmation fills a key leadership position within the nation's central banking institution.

A witness in the Godwin Emefiele fraud trial told the court that suspects confessed to fraudulently withdrawing $6.23 million from the Central Bank of Nigeria (CBN) for election observers.

The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have signed a Memorandum of Understanding. This agreement aims to strengthen their collaboration in combating SIM-related fraud.

The Central Bank of Nigeria (CBN) and the Financial Markets Dealers Association (FMDA) have collaborated to introduce a new money market benchmark. This initiative aims to align Nigeria with global best practices and enhance price discovery and transparency in the market.

The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, is being lauded for delivering on promises made during his confirmation hearing in September 2023, bringing a positive outlook amidst challenges.

The Central Bank of Nigeria (CBN) has stressed the importance of strong governance and risk discipline for the success of the country's ongoing bank recapitalisation program. Dr. Blaise Ijebor, Director of Risk Management at the CBN, highlighted these factors as critical.

Fintech company Flutterwave has received a banking license from the Central Bank of Nigeria (CBN), enabling it to expand its financial services beyond payments to businesses across Africa.

A university professor has petitioned the Central Bank of Nigeria (CBN) and GTB, alleging that N9.98 million was fraudulently withdrawn from his account without his knowledge or authorization.

The Central Bank of Nigeria (CBN) has announced the removal of the cash pool requirement for export proceeds of International Oil Companies (IOCs), as conveyed in a circular from the Director of Trade and Exchange.

The Central Bank of Nigeria (CBN) is seeking continental collaboration to address cross-border risks and is committed to strengthening corporate governance within Nigeria's financial system.

NALA Nigeria has announced a major expansion of its financial services following the approval of an International Money Transfer Operator (IMTO) licence by the Central Bank of Nigeria (CBN) The post…

Nigeria’s current account surplus fell by 26 percent year-on-year (YoY) to $14.04 billion in 2025, down from $19.03 billion in 2024, the Central Bank of Nigeria (CBN) has disclosed in its 2025 Balance of Payments (BoP) report. The post Nigeria’s current account surplus drops 26% to $14.04bn in 2025 appeared first on Vanguard News.

Centres of Excellence established by the Central Bank of Nigeria (CBN) in various higher institutions, including UNILAG, are reportedly abandoned at different stages of completion.

The Central Bank of Nigeria (CBN) directs banks to deny new credit and banking services to large loan defaulters to improve credit discipline. Read More: https://punchng.com/cbn-bars-loan-defaulters-from-accessing-banking-services-new-credit/

The Central Bank of Nigeria (CBN) has affirmed Alpha Morgan Bank's capitalization, marking a key milestone for the bank's growth and its commitment to becoming a strong financial institution.

The Central Bank of Nigeria (CBN) has taken delivery of responsibly sourced gold refined to London Bullion Market Association (LBMA) Good Delivery standards, as its governor advocates reforms to unlock Nigeria’s mineral potential.

The Central Bank of Nigeria (CBN) boosts its gold reserves to $3.5bn by purchasing locally sourced gold, strengthening the country’s foreign reserves. Read More: https://punchng.com/cbn-raises-gold-reserves-to-3-5bn/

The Economic and Financial Crimes Commission (EFCC) has tendered key Central Bank of Nigeria (CBN) meeting minutes as evidence in the N76bn fraud trial against former AMCON MD Ahmed Kuru, concerning the controversial Arik Air takeover.

A court has ordered the Central Bank of Nigeria (CBN), its agents, and 20 commercial banks to preserve copyright levy funds and report the amounts credited to MCSN, halting further withdrawals or transfers.