CBN
20 Nigerian Banks Meet CBN Recapitalisation Targets Amid Rate Cut To 26.5%
The Central Bank of Nigeria (CBN) has announced that 20 banks have successfully met its stringent recapitalisation requirements, a milestone hailed by Governor...
Roland EkamaFebruary 24, 20260
Banks To Report Transactions Above ₦5 Million Monthly Under New Tax Law Starting 2026
The Nigerian government has mandated banks to report all customer accounts with monthly transactions exceeding ₦5 million to the Federal Inland Revenue Service...
Roland EkamaJuly 8, 20250
Customs, CBN Strengthen Partnership To Implement Technology-Driven Trade Reforms
The Comptroller-General of Customs, Adewale Adeniyi, has reaffirmed the Nigeria Customs Service’s (NCS) commitment to enhancing collaboration with the Central Bank of...
Roland EkamaMarch 1, 20250
CBN Revokes Operational Licenses Of 4,173 BDCs Nationwide
The Central Bank of Nigeria (CBN), has revoked the licenses of 4,173 Bureau De Change (BDC) operators nationwide. Ag. Director, Corporate Communications, CBN,...
Roland EkamaMarch 1, 20240
Former ANLCA Boss Advocates CBN Implementation Of Predictive Exchange Rate
Former Acting National President of the Association of Nigerian Licensed Customs Agents (ANLCA), Dr. Kayode Collins Farinto has called on the Central Bank...
Roland EkamaFebruary 27, 20240
JUST IN: CBN Injects $500m Into Forex Market
The Central Bank of Nigeria (CBN) has injected another $500 million into the market as part of efforts aimed at addressing the persistent...
Roland EkamaJanuary 29, 20240
CBN Moves Against Dollar Speculators, Hoarders As Naira Depreciates
... As BDC Operators Confirm CBN Swoop On Hoarders, Speculators The Central Bank of Nigeria (CBN), has vowed to go after...
Roland EkamaNovember 9, 20230
Tinubu Suspends CBN Governor, Emefiele
President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, CFR, from office with immediate effect. This was contained in...
Roland EkamaJune 9, 20230
Ogun Govt Engages CBN, Bankers Committee Over Cash Scarcity
The Ogun State Governor, Dapo Abiodun, on Monday, paid an unscheduled visit to the Abeokuta branch of the Central Bank of Nigeria to...
Roland EkamaFebruary 7, 20230
OLD NAIRA NOTES: Banks To Open Weekend Ahead Of January 31, Deadline
Some Nigerian banks will be opened over the weekend, as part of measures to ensure customers’ compliance to the Central Bank of Nigeria...
Roland EkamaJanuary 27, 20230
