COGNICURRENT

Most Nigerian banks have successfully raised their capital to meet new Central Bank of Nigeria requirements ahead of an impending deadline.

The Central Bank of Nigeria has been awarded 'Central Bank of the Year' for its reform efforts that restored macroeconomic stability.

The Central Bank of Nigeria's transition to an inflation-targeting framework aims to enhance the transparency and effectiveness of its monetary policies.

The Central Bank of Nigeria aims to reduce inflation to single digits as part of its transition to an inflation-targeting monetary policy framework.

The Central Bank of Nigeria aims to reduce inflation to single digits as part of its new inflation-targeting monetary policy framework.

The Central Bank of Nigeria was awarded 'Central Bank of the Year' for its effective monetary and structural reforms.

Nigeria's Dangote Petroleum Refinery imported $3.74 billion worth of crude oil in 2025, marking a significant change in the country's oil trade despite being a producer.

The Central Bank of Nigeria warns banking customers during Global Money Week 2026 to protect their financial information by not sharing passwords or PINs, citing rising fraud cases.

Former CBN Governor Sanusi discusses resilience and faith in the face of losing significant power, emphasizing the transient nature of circumstances.

The Central Bank of Nigeria has eliminated the need for affidavits for reactivating dormant bank accounts to simplify the process for customers.

The Central Bank of Nigeria has taken action to prohibit loan defaulters from accessing banking services and new credit facilities to enhance credit discipline.

The CBN Rio Branco Panel discussed obesity and sedentary lifestyles in an event aimed at promoting healthier living habits without aesthetic pressure.

FCMB Group Plc has reached a verified capital base of N288.96 billion as it seeks to comply with the Central Bank of Nigeria's new capital requirements.

Nigerians repaid approximately N1.33 trillion in personal loans over the course of a year, reflecting a sharp decline in consumer borrowing as reported by the Central Bank of Nigeria.

Thirty banks in Nigeria have successfully met the new minimum capital requirements ahead of a March 2026 deadline set by the Central Bank of Nigeria as part of a recapitalization program aimed at strengthening the financial system.

The Nigerian Senate has decided to strengthen the regulatory framework for the fintech sector by placing the Central Bank of Nigeria at the forefront of supervision and addressing the rise of Ponzi schemes.

The naira experienced its first annual appreciation in 13 years in 2025, strengthening by 6.87% against the US dollar, according to Comercio Partners.

The Central Bank of Nigeria's foreign exchange reforms have increased external reserves and contributed to the stabilization of the naira, but challenges remain.

The Central Bank of Nigeria has increased its gold reserves to $3.5 billion through domestically sourced and refined gold.

The Nigerian House of Representatives has called for comprehensive documentation from key agencies as part of an investigation into pre-shipment inspection and crude oil revenue issues.

The Central Bank of Nigeria has increased its gold reserves to approximately $3.5 billion through domestically sourced gold refined to international standards.

The Central Bank of Nigeria cut the Monetary Policy Rate by 50 basis points to 26.5% as part of efforts to manage inflation and stabilize the foreign exchange market.

Nigeria's foreign exchange reserves increased to $34.8bn by December 2025, indicating stronger external economic stability, according to the Central Bank Governor.

The National Association of Microfinance Banks in Nigeria is focusing on enhancing corporate governance in anticipation of a potential increase in the minimum capital requirements by the Central Bank of Nigeria.

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.