CBN

CBN Holds Fair To Sensitise Kano Residents On Economic Growth Policies

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...

FIRS, CBN, Others Back FICAN Conference on Digital Economy

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...

CBN Unveils Payments System Vision 2028

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...

CBN Targets $1bn Diaspora Reserves By 2026

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...

Nigeria’s External Reserves Rise To A Record High Of $41bn – CBN

August 21, (THEWILL) — Nigeria’s external reserves rose to $41 billion on Tuesday, August 19, up from the N40.11 billion mark in July 2025, the Central Bank of Nigeria stated in its external reserves data published on its official...

CBN Urges Nigerians To Keep Naira Clean, Assures Of Currency Availability

August 15, (THEWILL) — The Central Bank of Nigeria (CBN) has reaffirmed its commitment to ensuring the availability of clean, naira-denominated currency to Nigerians. The Acting Director of the Corporate Communications Department at the apex bank, Mrs Hakama Sidi Ali,...

UPDATED: CBN Retains 27.50% Interest Rate

July 22, (THEWILL) — The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate at 27.50 percent, marking its third consecutive hold in 2025. This decision was announced by the CBN Governor, Olayemi...

CBN’s Open Banking is Here: A New Chapter for Nigerian Consumers

July 21, (THEWILL) — After years of anticipation, the Central Bank of Nigeria (CBN) has finally approved the rollout of open banking, with full implementation expected in August 2025. While it may sound like just another regulatory move in...

Beyond CBN’s Information Disclosure and Efficient Market Hypothesis

July 14, (THEWILL) — The Nigeria Exchange Limited (NGX) was literally thrown into frenzy on Monday, June 16, 2025, when nervous investors embarked on massive dumping of shares of banks. It was a spontaneous reaction to the sweeping directive of the Central Bank of Nigeria (CBN), dated Friday, June 13,...

CBN Announces Date For 301st MPC Meeting

July 13, (THEWILL) — The Central Bank of Nigeria (CBN) says it will hold its 301st Monetary Policy Committee (MPC) meeting on Monday, July 21, and Tuesday, July 22, 2025. The apex bank disclosed this in a statement titled "Notice...
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Wike, Chinda Meet Fubara As Rivers Reconciliation Deepens Ahead Of 2027

Efforts to consolidate the political reconciliation in Rivers State received another boost on Tuesday as Minister of the Federal Capital Territory (FCT), Nyesom Wike, APC governorship candidate Kingsley Chinda and their supporters met Governor Siminalayi Fubara and members of his political camp in Port Harcourt.
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