CBN

The Central Bank of Nigeria has introduced the FX BDC Purchase Tracker (FXBT), enabling real-time monitoring of Bureau De Change foreign exchange purchases and transactions across the official market. Licensed BDC operators must now resell any unused foreign...

OAGF says CBN is yet to remit ₦5.3 trillion in operating surplus. Lawmakers demand answers over unpaid government revenues. The dispute puts Nigeria’s public finance system under fresh scrutiny. The CBN’s position on the claim remains awaited. July 15,...

The Central Bank of Nigeria (CBN) is seeking to raise ₦600 billion at today's Treasury Bills auction, with the one-year instrument expected to attract the strongest investor demand. The auction comes after June's heavily oversubscribed sale, where investors...

July 13, (THEWILL) — Public office comes with scrutiny. Those entrusted with positions of national importance should expect their decisions, conduct, and records to be examined by the public. That scrutiny is not only healthy for democracy and accountability;...

Standard Chartered expects the CBN to cut interest rates by only 150 basis points in 2026. The bank now forecasts the Monetary Policy Rate (MPR) will end 2026 at 25 percent, citing persistent inflation. Inflation is now projected...

July 13, (THEWILL) — The Central Bank of Nigeria recently revoked the operating licences of 46 microfinance banks following the banks’ failure to meet the regulatory requirements for continued operation as approved financial institutions. The sanctioned banks’ inadequacies included insufficient...

July 8 (THEWILL) — The Central Bank of Nigeria (CBN) has confirmed that the standard ₦100 banknote remains a valid legal tender in Nigeria. It cautioned individuals, businesses, financial institutions, and other economic agents against rejecting it for transactions, warning...

July 8 (THEWILL) — Galaxy Backbone (GBB) is stepping up efforts to position itself as a key digital infrastructure provider for banks, fintechs and other financial institutions as the Central Bank of Nigeria (CBN) moves to enforce the local...

July 6, (THEWILL) — The Office of the Accountant-General of the Federation (OAGF) has clarified that no account was successfully opened with the Central Bank of Nigeria (CBN) for the Presidential Economic Advisory Council/Presidential Foreign Intervention Promotion Council (PFIPC),...

July 3 (THEWILL) — A day after an Economic and Financial Crimes Commission (EFCC) witness told an Abuja High Court that investigators found no evidence that former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, personally benefited...