CBN Orders Banks Under Regulatory Forbearance to Halt Dividends, Bonuses, and Offshore Investments
The Central Bank of Nigeria (CBN) has directed banks operating under regulatory forbearance to suspend dividend payouts, defer executive bonuses, ...
Tag: CBN
CBN to Auction ₦81 Billion in T-Bills as Liquidity Tightens and Policy Stance Faces Scrutiny
The Central Bank of Nigeria (CBN) is set to auction ₦81 billion worth of Treasury Bills today, marking a significant ...
CBN Denies Extending Bureau De Change Recapitalisation Deadline Amid Rising Concerns
The Central Bank of Nigeria (CBN) has dismissed reports claiming it has extended the recapitalisation deadline for Bureau De Change ...
NDIC Begins Payment of Liquidation Dividends to Premier Commercial Bank Creditors after 25 years closure
The Nigeria Deposit Insurance Commission (NDIC) has officially commenced the payment of liquidation dividends to creditors of Premier Commercial Bank, ...
Banks’ Soaring Deposits with CBN Signal Excess Liquidity in Nigerian Financial System
The sharp rise in banks' deposits with the Central Bank of Nigeria (CBN) this year has highlighted significant excess liquidity ...
Cash in Circulation Slips as Nigerians Go Digital
Currency held outside Nigeria’s banking system dropped for the second time in 2025, slipping to N4.57 trillion in April from ...
CBN Launches New Liquidity Management Tools for Non-Interest Financial Institutions
The Central Bank of Nigeria (CBN) has introduced innovative liquidity management instruments tailored specifically for non-interest financial institutions to strengthen ...
Nigeria’s Remittance Inflows Through IMTOs Surge to $4.76 Billion Amid CBN Reforms
Nigeria witnessed a sharp rise in foreign exchange inflows via International Money Transfer Operators (IMTOs) in 2024, with a total ...
CBN Governor Declares Naira Competitive, Highlights Economic Gains from Reforms
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has declared the naira to be competitive in the ...
JUST IN: CBN Retains Monetary Rates at 27.5%
The Central Bank of Nigeria (CBN) has decided to maintain its Monetary Policy Rate (MPR) at 27.5 per cent, following ...
