Tag: Central Bank of Nigeria (CBN)
CBN unveils PSV 2028 to deepen digital economy
The Central Bank of Nigeria (CBN) on Monday unveiled the Payments System Vision 2028 (PSV 2028) to strengthen the country’s digital economy and trade.
Speaking...
Banking sector recapitalization progresses as 30 banks meet deadline
Abuja, March 7, 2026 (NAN) As the March 31 deadline for the bank recapitalization exercise of the Central Bank of Nigeria (CBN) draws near,...
CBN diversifies reserves with $3.5bn locally sourced LBMA gold
Lagos, March 4, 2026 (NAN) The Central Bank of Nigeria (CBN) has taken delivery of responsibly sourced gold refined to London Bullion Market Association...
Ex-CBN director hails MPC for cutting interest rate
Sango-Ota (Ogun), Feb. 25, 2026 (NAN) Dr Titus Okunrounmu, former Director, Research Department, Central Bank of Nigeria (CBN), has lauded the Monetary Policy Committee...
Sustained inflation decline informed MPR reduction to 26.50% — Cardoso
Abuja, Feb. 24, 2026 (NAN) The Central Bank of Nigeria (CBN) says its decision to reduce the Monetary Policy Rate (MPR) by 50 basis...
CBN releases Fintech assessment report
Abuja, Feb. 2, 2026 (NAN) The Central Bank of Nigeria ( NAN) has released a comprehensive assessment of Nigeria’s fintech landscape.
According to a statement...
Embrace low-risk, regulated investments amid economic uncertainty- Experts tell Nigerians
Ibadan, Jan. 31, 2026 (NAN) Financial and economic experts have urged Nigerians, particularly low-income earners, to prioritise regulated and low-risk investment options as a...
Experts say $46bn reserves will engender investor confidence
Lagos, Jan. 28, 2026 (NAN) An economist, Prof. Tunde Adeoye, says the nation’s external reserves standing at 46 billion dollars will extend the country’s...
Recapitalisation: Jigawa Govt. invests N1bn in state-owned Savings, Loans Limited
Dutse, Jan. 23, 2026 (NAN) The Jigawa Executive Council has approved the recapitalisation of the state-owned Savings and Loans Limited by injecting N1 billion...
CBN bans banks, fintechs from international money transfer services
The Central Bank of Nigeria (CBN) has stopped banks and financial technology companies (fintechs) from providing international money transfer services while increasing the application...
