CBN Warns Against Rejecting Standard 100 Naira
The Central Bank of Nigeria (CBN) has warned businesses, the public, and other stakeholders not to reject the standard ₦100 banknote, stressing that it remains a valid means of payment…
Providus, Unity Banks Complete Merger into One Institution
Providus Bank and Unity Bank have officially completed their merger and will now operate as a single financial institution under the name ProvidusUnity Bank. The transition follows the successful conclusion…
Naira depreciated against dollar as official market returns to bearish trend
The Naira depreciated against dollar at the official foreign exchange market on Tuesday, reversing gains recorded a day earlier. Data released by the Central Bank of Nigeria (CBN) showed the…
Nigeria Poised to Lead Africa’s Digital, Creative Economy – EU Ambassador
…….Nigeria positioned to lead Africa’s digital and creative transformation, EU Ambassador says By peterside Rejoice Nigeria is well positioned to lead Africa’s digital and creative transformation, Ambassador Gautier Mignot, European…
Treasury Bills Drive N1tn Fixed-Income Surge
By Babatunji Wusu| Nigeria’s fixed-income market recorded a landmark trading session as total single-day turnover exceeded N1 trillion, highlighting strong investor appetite for government debt instruments and rising market liquidity.…
Senate Disowns Kyari Arrest Warrant, Rebukes Oshiomhole Over ‘Criminal’ Remark
…….Lawmakers clarify arrest powers, insist committees cannot issue warrants without approval of Senate President amid N210tn probe controversy By Rejoice Peterside The Senate on Thursday distanced itself from reports…
CBN Shuffles Top Management Team to Boost Efficiency
By Babatunji Wusu The Central Bank of Nigeria has redeployed its four Deputy Governors in a major management shake-up. The extensive changes aim to strengthen the leadership framework of the…
CBN Moves PoS Geo-Fencing Deadline To August
By Babatunji Wusu The Central Bank of Nigeria (CBN) has moved the strict deadline for the mandatory tracking of Point of Sale terminals to August 1, 2026. Alongside this extension,…
CBN Keeps Interest Rate At 26.5 Percent
By Babatunji Wusu The CBN interest rate has remained unchanged at 26.5 per cent after the Monetary Policy Committee of the Central Bank of Nigeria concluded its 305th meeting in…
OPay and CBN Partner to Boost Financial Literacy
By Babatunji Wusu OPay, a top fintech company in Nigeria, recently teamed up with the Central Bank of Nigeria for a special event. This partnership took place at the Global…
