CBN

January 22, (THEWILL) — The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said that the apex bank’s tight monetary policy stance has helped reduce Nigeria’s inflation rate by about 10 percentage points, underscoring the...

January 22, (THEWILL) — The Central Bank of Nigeria (CBN) has directed deposit money banks to strengthen and accelerate their response to emerging fraud risks, warning that delays in detection and reporting could undermine confidence in the financial...

January 20, (THEWILL) — The Central Bank of Nigeria (CBN) has reported an expansion in credit to the private sector alongside a rise in loan defaults in the fourth quarter of 2025, reflecting both improved lending activity and...

January 16, (THEWILL) — Sterling Bank, Ecobank, and 22 other deposit money banks have met the recapitalisation thresholds set by the Central Bank of Nigeria (CBN), well ahead of the 2026 compliance deadline. The development signals growing preparedness within Nigeria’s...

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...

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...

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...

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...

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...

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...