CBN

Economy

Impact of CBN’s Rates Policy Across Sectors

THEWILL -
November 30, (THEWILL) — The Central Bank of Nigeria’s Monetary Policy Committee (MPC) ended its 303rd meeting on Tuesday, November 25, 2025, with a cautious but deliberate shift. It held the Monetary Policy Rate (MPR) at 27%, maintained the...
Business

CBN Orders Banks To Halt Misleading Adverts, Warns Against Public Deception

THEWILL -
November 28, (THEWILL) — The Central Bank of Nigeria (CBN) has ordered all commercial, merchant, and payment-service banks to immediately withdraw any misleading, exaggerated, or non-compliant advertisements, following a rising number of promotional materials that the regulator says could...
Business

BREAKING: CBN Retains 27% Interest Rate

Felix Ifijeh, THEWILL -
November 25, (THEWILL) — The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to retain the Monetary Policy Rate (MPR) at 27 per cent. CBN Governor, Olayemi Cardoso, announced the decision on Tuesday in...
Business

CBN Proposes Five-Year Ban on Serial Dud Cheque Issuers

Sam Diala, THEWILL -
November 25, (THEWILL) — The Central Bank of Nigeria (CBN) has proposed stricter sanctions for individuals who repeatedly issue dud cheques, including an automatic five-year ban each time a repeat offence occurs. The measure is part of a new...
Business

CBN Issues Directive Defining HoldCo Minimum Capital After Earnings Delays

Sam Diala, THEWILL -
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...
Opinion

OPINION: Nigeria Week Ahead: CBN Decision, UK Autumn Budget & US Data In Focus

Lukman Otunuga, THEWILL -
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...
Business

Markets Poised For Possible Rate Cut As MPC Meets for Final 2025 Session

THEWILL. -
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...
News

CBN Harps On Stronger Monetary, Fiscal Coordination For Economic Stability

Sam Diala, THEWILL -
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...
News

Zuldal Microfinance Bank Not Licenced To Operate In Nigeria – CBN Warns Public

Felix Ifijeh, THEWILL -
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...
News

CBN Launches N700bn Treasury Bill Auction As It Tightens Grip On Securities Market

THEWILL -
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...
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Latest News

NewsFelix Ifijeh, THEWILL -

2027: Radda Loses Five Appointees As Katsina APC Camps Battle For Control

Governor Dikko Umaru Radda of Katsina State has lost at least five political appointees within days, in a development that has triggered fresh speculation about political realignment and an emerging battle for influence within the ruling All Progressives Congress (APC) ahead of the 2027 general elections.
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