CBN

October 02, (THEWILL) — In a strategic move to deepen transparency and efficiency in Nigeria’s financial ecosystem, the Central Bank of Nigeria (CBN) has announced a phased operational overhaul of the Nigerian Fixed Income Market commencing from the third...

September 24, (THEWILL) — The naira recorded a modest appreciation against the U.S. dollar in early trading this week, with the official exchange rate settling at N1,493/$. The movement followed a minor reversal of earlier dollar gains, reflecting the...

September 24, (THEWILL) — The Central Bank of Nigeria (CBN) has confirmed that 14 banks have fully met the new capital requirements under its ongoing recapitalisation exercise. CBN Governor, Yemi Cardoso, disclosed this on Tuesday while presenting the communiqué from...

September 23, (THEWILL) — The Central Bank of Nigeria’s Monetary Policy Committee (MPC) has reduced the Monetary Policy Rate (MPR) by 50 basis points, lowering it from 27.5% to 27%. The announcement was made by CBN Governor, Olayemi Cardoso, during...

September 19, (THEWILL) — The South-South youths in agriculture have received a major boost as key stakeholders in the sector, including the Nigerian Agribusiness and Agro-Industry Development Initiative (NAADI) and the Central Bank of Nigeria (CBN), pledged support to...

September 17, (THEWILL) — The Central Bank of Nigeria has directed Domestic Systemically Important Banks to submit the names of successors to their Managing Directors/Chief Executive Officers at least six months before the incumbents vacate office. In a circular signed...

September 16, (THEWILL) — The Central Bank of Nigeria on Tuesday held a sensitisation fair in Kano to educate residents on its policies aimed at driving sustainable economic growth and development. Speaking at the event, the bank’s Acting Director of...

September 14, (THEWILL) — The 2025 Conference of the Finance Correspondents Association of Nigeria (FICAN) has received strong backing from key financial institutions and regulators, underscoring its significance as a platform for shaping discourse on Nigeria’s digital economy.   Among the...

September 10, (THEWILL) — The Central Bank of Nigeria (CBN) has kicked off the development of a new strategic framework for the country’s payments ecosystem with the launch of the Nigeria Payments System Vision 2028 (PSV 2028), setting the...

September 09, (THEWILL) — The Central Bank of Nigeria has unveiled plans to grow the nation’s diaspora reserves to $1bn by 2026. CBN Governor, Olayemi Cardoso, disclosed this on Tuesday at the 18th Annual Banking and Finance Conference organised by...