CBN

CBN Liquidity Mop-Up Surges 182% Year-On-Year

January 15, (THEWILL) — The Central Bank of Nigeria (CBN) significantly intensified its liquidity management operations over the past year, with liquidity mop-up activities rising by 182% amid signs of easing inflationary pressures. The sharp increase reflects the apex...

NCC, CBN Set To Roll Out Refund Framework For Failed Airtime, Data Transactions

January 08, (THEWILL) — In line with the consumer-focused objectives of the Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN), the two regulators have drawn up a framework to address consumer complaints arising from unsuccessful airtime...

CBN Highlights Prioritises in its 2026 Agenda

January 05, (THEWILL) — The Central Bank of Nigeria (CBN) has prioritised banking system stability, tighter fintech regulation, inflation control, and payments infrastructure modernisation as key pillars of its 2026 reform agenda. This is according to a statement issued...

CBN Sees Inflation Easing To 12.94% By 2026, Flags Positive Capital Market Outlook

December 31, (THEWILL) — The Central Bank of Nigeria (CBN) has projected that Nigeria’s inflation rate will decline to 12.94 percent by 2026, pointing to gradual relief for households and businesses as current economic reforms take hold. The...

CBN Reports $276 Million Decline In IMTO Inflows

December 26, (THEWILL) — The Central Bank of Nigeria (CBN) has reported a $276 million decline in inflows from International Money Transfer Operators (IMTOs), signalling softer diaspora remittance receipts amid shifting global and domestic financial conditions. The drop reflects moderation...

Nigerian Banks Park ₦3.7trn Excess Liquidity With CBN On Christmas Eve

December 25, (THEWILL) — Nigerian banks flooded the Central Bank of Nigeria (CBN) with excess liquidity on Christmas Eve, depositing a combined ₦3.7 trillion through the Standing Deposit Facility (SDF), underscoring persistent surplus cash in the banking system despite...

Nigeria Reaffirms Commitment To Economic Stability At U.S.–Nigeria Business Roundtable

December 17, (THEWILL) — Nigeria has reiterated its commitment to macroeconomic stability, policy credibility, and market-driven reforms as the Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, engaged senior U.S. business leaders and institutional investors...

CBN Revokes Operational Licences of Aso Savings, Union Homes Mortgage Banks

December 16, (THEWILL) — The Central Bank of Nigeria (CBN) has revoked the operational licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc over persistent regulatory infractions, as part of efforts to strengthen stability...

Nigeria’s Monetary Reforms: What the CBN Has Done — And What Comes Next in 2026

December 15, (THEWILL) — Nigeria is entering a rare moment of macroeconomic clarity. After years of turbulence marked by FX scarcity, policy inconsistency, and runaway inflation, the Central Bank of Nigeria (CBN) has begun to stitch together what appears...

CBN Partners NCC To Create Short Code To Fast-track Complaint Resolution

December 14, (THEWILL) — The Central Bank of Nigeria (CBN) has said it is working with the Nigerian Communications Commission (NCC) to create an industry-wide short code that will allow consumers to communicate with their financial institutions anytime, anywhere, with...
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