CBN

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...

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...

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...

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...

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...

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...

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...