Nigerian banks face a recapitalisation deadline by 2026, with the CBN enforcing strict rules to guide the sourcing of funds. Some banks may downgrade by 2026.

The Central Bank of Nigeria has warned deposit money banks to avoid raising capital from illicit sources as part of the ongoing recapitalisation exercise.The apex bank said the measure was necessary ...

The Central Bank of Nigeria has increase the Customs Duty exchange rate to clear goods at the ports and also airports as ...

The Central Bank of Nigeria made a $197.71 million investment in the foreign exchange market on Friday in order to preserve ...

Dia and JK gracing the ABS-CBN Ball 2025 together for the first time as an official couple is proof of their undeniable ...

The Central Bank of Nigeria (CBN) has reported high loan default rates among Large Private Non-Financial Corporations (PNFCs) and Other ...

The Central Bank of Nigeria (CBN) says Nigeria’s net foreign exchange (FX) reserves (NFER) stood at $23.11 billion in 2024, ...

The Central Bank of Nigeria has injected $197.71m into the foreign exchange market on Friday, April 4, 2025, as part of its ...

The Central Bank of Nigeria (CBN) has finally disclosed Nigeria’s Net Foreign Exchange Reserves (NFER), following repeated ...

The Central Bank of Nigeria (CBN) had yesterday April 1 2025, reported a substantial improvement in its Net Foreign Exchange ...