CBN

CBN Targets N5.8tn Treasury Bills Sale in Biggest Liquidity Mop-Up This Year

July 2 (THEWILL) — The Central Bank of Nigeria (CBN) plans to raise N5.8 trillion through Treasury Bills (NTBs) between July and September, marking its largest quarterly issuance programme in 2026. The issuance programme, contained in the apex bank's Q3...

CBN Limits Contract Suspensions For Troubled Banks To Two Business Days

July 2 (THEWILL) — The Central Bank of Nigeria (CBN) has capped the suspension of certain contractual obligations involving troubled banks at two business days. The guidance takes immediate effect. The clarification is contained in an interpretative guidance issued by...

BREAKING: CBN Revokes Licences Of 46 Microfinance Banks Over Regulatory Breaches

July 01, (THEWILL) — The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 Microfinance Banks (MFBs) across the country, citing their failure to meet key regulatory requirements for continued operation. The apex bank announced that the...

THEWILL EDITORIAL: Curbing Expanding e-Payment Frauds

June 29 (THEWILL) — The Central Bank of Nigeria (CBN) has indicated that between 2020 and 2025, banks and their customers experienced a combined loss of N134.48 billion due to fraud, which highlights the increasing security concerns within the...

CBN Data: Govt Credit Surges By ₦17.39trn In One Year Amid Rising Public Borrowing

June 24 (THEWILL) — Data from the Central Bank of Nigeria shows that credit to the Federal Government rose sharply over the 12 months to May 2026, underscoring continued public sector borrowing amid tight monetary conditions. Total credit to government...

Cardoso Unveils CBN Naira Ambassadors Club To Promote Respect For National Currency

June 24 (THEWILL) — The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has launched the CBN Naira Ambassadors Club, a new initiative to promote proper handling of the Naira and encouraging young Nigerians to become advocates...

THEWILL EDITORIAL: Curbing Expanding e-Payment Frauds

June 21 (THEWILL) —The Central Bank of Nigeria (CBN) has indicated that between 2020 and 2025, banks and their customers experienced a combined loss of N134.48 billion due to fraud, which highlights the increasing security concerns within the nation’s...

Fraudsters Steal ₦134bn From Banks, Customers In Six Years As Digital Payments Expand – CBN

June 19 (THEWILL) — Banks and their customers lost a combined ₦134.48bn to fraud between 2020 and 2025, underscoring growing security challenges within Nigeria’s rapidly expanding digital payments ecosystem, according to the Central Bank of Nigeria. Data contained in the...

CBN Raises Treasury Bills Rates, Allots ₦1.49trn As Investors Flock To One-Year Paper

June 18 (THEWILL) — The Central Bank of Nigeria (CBN) allotted ₦1.49 trillion at its June 17 Treasury Bills (NTB) primary market auction, raising stop rates across all three maturities as investors sought higher yields amid persistent inflationary pressures.       Auction...

CBN Tightens Oversight, Orders Banks, Fintechs To Reveal Beneficial Owners, Localise Data By 2027

June 17, (THEWILL) — The Central Bank of Nigeria (CBN) has unveiled sweeping regulatory measures requiring banks, fintechs and other payment service providers to disclose their ultimate beneficial owners, localise payments transaction data, and comply with new market share...
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Latest News

Johnny Drille Reveals How He Met Wife At Mavin, Dated Secretly For Five Years

Tahini is the Director of Artists and Repertoire (A&R) at Mavin Records, where Drille has built his music career. The singer had previously revealed that she was his first girlfriend and that they met in 2018 after he joined the label.
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