Recapitalization: CBN Gives Update as 30 Nigerian Banks Meet New Minimum Capital Requirements
The Central Bank of Nigeria says 30 banks have, as of March 2026, met its minimum capital requirements ahead of ...
Tuesday, April 21, 2026
Tag: Central Bank of Nigeria
Naira Bounces Back with Massive Gain against US Dollar
The naira bounced back with a massive gain against the dollar at the official foreign exchange market on Tuesday. The ...
Fuel, Food Price Cuts to Push Nigeria’s Inflation to 12.94% in 2026, Says CBN
The Central Bank of Nigeria has said that the country’s inflation would moderate to 12.94 per cent in 2026, pushed ...
CBN Refutes Misreporting on Forex Use in Oil Sector
The Central Bank of Nigeria (CBN) has noted some misreporting that falsely implies the Bank disbursed US$1.259 billion to major ...
CBN Unveils Payments System Vision 2028
…to drive an inclusive, innovative, and secure financial ecosystem The Central Bank of Nigeria (CBN) has kicked off the development ...
CBN Halts Profit Sharing, Overseas Investments for Banks under Special Support
The Central Bank of Nigeria (CBN) has temporarily suspended the payment of dividends, executive bonuses and foreign investments by banks ...
CBN Reassures Public on Banking Sector Stability
The Central Bank of Nigeria on Monday dismissed reports suggesting distress in a regulated financial institution, describing the claims as ...
Nigeria Posts $6.83 Billion Balance of Payments Surplus in 2024, Signaling Economic Resurgence
The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for the 2024 ...
CBN Denies Introducing N5000, N10,000 Notes
The Central Bank of Nigeria, (CBN) has denied introducing new N5,000 and N10,000 notes. CBN described the reports as false. ...
CBN Announces Fresh Date for First MPC Meeting in 2025
The Central Bank of Nigeria has postponed its 299th Monetary Policy Committee meeting earlier slated for February 17 and 18, ...
