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…
Zenith Bank’s 2025 Financial Reset: The Strategic Price of Integrity
By Babatunji Wusu When Zenith Bank released its audited full-year 2025 results on April 7, 2026, the headline numbers told two very different stories. To some, the 23% drop in…
Naira Hits Two-Year High Against Dollar Amid Rising Forex Reserves
|By Babatunji Wusu The Nigerian Naira surged to its strongest level in nearly two years against the United States Dollar on Tuesday, rallying in both official and parallel foreign exchange…
Naira Slips at Official Market, Trades at N1,353.66/$ Despite Black Market Gain
|By Babatunji Wusu The Naira on Thursday reversed its three-day rally and depreciated against the United States dollar at the official foreign exchange window, as fresh data from the Central…
Naira Extends Rally, Gains Across Official and Parallel Markets as FX Reforms Bite
|By Babatunji Wusu The naira on Wednesday strengthened further against the United States dollar across both the official and parallel foreign exchange markets, sustaining a rally driven by tighter monetary…
CBN Warns: Heavy Foreign Capital Exposure Leaves Nigeria’s Fintech Sector Vulnerable
|By Babatunji Wusu The Central Bank of Nigeria (CBN) has cautioned that Nigeria’s fast-growing fintech sector remains heavily dependent on foreign capital, exposing it to shocks from global financial market…
CBN Moves to Tighten Debit Card Issuance, Fix ATM Failures Nationwide
|By Babatunji Wusu The Central Bank of Nigeria (CBN) has unveiled plans to roll out a new regulatory framework designed to streamline debit card issuance and improve Automated Teller Machine…
