CBN

November 25, (THEWILL) — The Central Bank of Nigeria (CBN) has issued a fresh directive clarifying how Financial Holding Companies and banks should compute their minimum paid-up capital. This follows weeks of uncertainty that contributed to delays in the...

November 24, (THEWILL) — Despite the shortened holiday week, November could end with a bang due to a lineup of high-impact events. In Nigeria, the CBN could cut rates as much as 100 basis points on Tuesday as inflationary pressures...

November 24, (THEWILL) — Markets are bracing for a further interest-rate cut as Nigeria’s Monetary Policy Committee (MPC) convenes for its final meeting of 2025. Inflation appears to be cooling and foreign-exchange liquidity is improving, leading many analysts to...

November 20, (THEWILL) — The Central Bank of Nigeria (CBN) has said that closer coordination between monetary and fiscal authorities is essential to building a stronger and more resilient financial system. The Deputy Governor, Corporate Services, CBN, Ms Emem...

November 20, (THEWILL) — The Central Bank of Nigeria (CBN) has alerted the public to the illegal operations of Zuldal Microfinance Bank Limited, which is reported to be running branches in Lagos, Abuja, Kaduna and Kano under the false...

November 17, (THEWILL) — The Central Bank of Nigeria (CBN) is set to conduct a N700 billion Treasury-bill (T-bill) auction through its primary market, marking a significant move in its ongoing monetary operations. The offer, to be raised on...

November 16, (THEWILL) — The Socio-Economic Rights and Accountability Project (SERAP) has urged Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), “to promptly account for and explain the whereabouts of the missing or diverted N3 trillion...

November 16, (THEWILL) — The decision of the Central Bank of Nigeria to embark on aggressive interest rate hikes boosted investors’ demand for fixed income instruments in 2024, the President, Association of Issuing Houses of Nigeria, Kemi Awodein, has...

November 06, (THEWILL) — The Central Bank of Nigeria (CBN) has announced a sweeping overhaul of the country’s fixed-income market, a move aimed at enhancing transparency, efficiency, and monetary policy transmission, but one that has ignited tensions with market...

October 27, (THEWILL) — Currency dealers across Nigeria’s Bureau de Change (BDC) network are facing mounting pressure as the Central Bank of Nigeria (CBN) reduces U.S. dollar allocations — a move that has drained market liquidity and raised...