COGNICURRENT

The trial of former AMCON Managing Director Ahmed Kuru regarding a N76bn fraud linked to Arik Air this week included evidence from a significant Central Bank of Nigeria meeting.

Tunde Lemo, former Deputy Governor of the Central Bank of Nigeria, has announced his intention to run for the governorship of Ogun State in the 2027 election.

The Central Bank of Nigeria announces enhanced cooperation with the African Union for monetary integration after Nigeria's approval as a permanent member of the African Monetary Institute Board.

The Governor of the Central Bank of Nigeria announced plans to enhance cooperation with other African central banks following Nigeria's approval as a permanent member of the Board of the African Monetary Institute.

The Nigeria Customs Service clarified that it does not set foreign exchange rates for imports, emphasizing that the Central Bank of Nigeria determines these rates.

The Socio-Economic Rights and Accountability Project has initiated legal action against the Central Bank of Nigeria for not accounting for N3 trillion in public funds.

The Central Bank of Nigeria has committed to significant economic reforms to stabilize the economy and target a $1 trillion economy by 2030, as discussed during a trade fair event.

The Central Bank of Nigeria has authorized licensed Bureau De Change operators to purchase up to $150,000 weekly in a bid to improve foreign exchange liquidity.

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, emphasizes the necessity of public-private partnerships for Nigeria’s sustainable growth and macroeconomic stability.

The Central Bank of Nigeria and the Nigerian Communications Commission have proposed that customers should receive instant refunds within 30 seconds for failed airtime and data purchases to address ongoing complaints.

Approximately 60 recruits selected by the Central Bank of Nigeria are facing delays in deployment despite receiving job offers, leading to significant personal and professional disruption.

The Central Bank of Nigeria and the Nigerian Communications Commission have launched a framework aimed at resolving issues related to failed airtime and data transactions experienced by consumers.

The Bank of Industry in Nigeria has received approval from the Central Bank to implement a Non-Interest Banking window, enhancing its financial services.

Nigeria has been removed from the EU's high-risk jurisdictions list for money laundering and terrorism financing, signaling improvements in its financial sector governance following Central Bank reforms.

The World Bank has reduced its planned grant to the Central Bank of Nigeria from $10.5 million to $6.8 million for a project aimed at enhancing the bank's technology capabilities.

Over 170 people were killed in a coordinated attack by armed groups in Kwara State, Nigeria, prompting residents to flee in fear for their safety.

The Central Bank of Nigeria warns that the country's fintech sector's heavy dependence on foreign investment makes it susceptible to global market fluctuations.

The Court of Appeal in Abuja has mandated the Central Bank of Nigeria to pay N2.5 billion to 110 unlawfully dismissed workers of Ahmadu Bello University, rejecting attempts to delay the payment.

Nigeria's foreign exchange market is improving due to Central Bank reforms and rising oil prices, enhancing the naira's value and strengthening external reserves.

The Central Bank of Nigeria will release an Open Banking implementation roadmap within three months to enhance the country's financial ecosystem.

Nigeria's fintech sector experienced a remarkable 70% growth in 2025, marking its rise as a prominent digital finance hub in Africa, according to the Central Bank of Nigeria.

A new survey by the Central Bank of Nigeria reveals that Nigeria's fintech industry is split on the regulatory climate, with half of the operators seeing it as supportive and the other half as a constraint.