CBN

April 06, (THEWILL) — Custodian Investment Plc paid a total of N419.13 million in penalties to the Central Bank of Nigeria (CBN) and other regulators for contraventions recorded in the 2025 financial year, representing a sharp increase from N19.17...

April 01, (THEWILL) — The Central Bank of Nigeria (CBN) has announced the conclusion of its banking sector recapitalisation programme, revealing that Nigerian banks collectively raised ₦4.65 trillion in new capital over the 24-month exercise aimed at strengthening the...

April 01, (THEWILL) — The Central Bank of Nigeria has issued a directive requiring banks and other financial institutions to strengthen their cybersecurity frameworks within a defined compliance timeline as part of efforts to protect Nigeria’s financial system from...

March 29, (THEWILL) — The Governor of the Central Bank of Nigeria, Mr Olayemi Cardoso, has disclosed that the country’s Ways & Means portfolio has been decimated to N2.84 trillion, against the N26.95 trillion mark inherited by the current...

March 27, (THEWILL) — The Central Bank of Nigeria (CBN) has directed banks to deny certain banking services and additional credit facilities to borrowers with non-performing loans, in a move to strengthen credit discipline across the financial system. In...

March 26, (THEWILL) — The Central Bank of Nigeria (CBN) trimmed stop rates on longer-dated Treasury bills at its March 25 auction, even as investors flooded the market with ₦2.7 trillion in bids, underscoring strong appetite amid excess liquidity. Stop...

March 26, (THEWILL) — Nigeria’s banking system liquidity remained above ₦8 trillion despite a ₦2.36 trillion mop-up by the Central Bank of Nigeria (CBN), highlighting persistent excess funds in the financial system. Mid-week data following the CBN’s OMO auction on...

March 25, (THEWILL) — Nigeria’s financial system received a boost of confidence on Wednesday as the Central Bank of Nigeria (CBN) reassured the public of the continued stability of Union Bank of Nigeria Plc following a recent court ruling,...

March 25, (THEWILL) — Nigeria’s financial system received a boost of confidence on Wednesday as the Central Bank of Nigeria (CBN) reassured the public of the continued stability of Union Bank of Nigeria Plc following a recent court ruling,...

March 25, (THEWILL) — The Central Bank of Nigeria (CBN) has reassured Nigerians that there is no cause for alarm over the ongoing bank recapitalisation exercise, affirming that depositors’ funds remain fully protected as the March 31 deadline for...