CBN

A Lagos-based law firm, Sholanke and Sholanke, has petitioned the Central Bank of Nigeria (CBN), urging it to direct Guaranty Trust Bank Plc (GTBank) to immediately refund the sum of…
Read More...

The Central Bank of Nigeria (CBN) has affirmed the capitalization of Alpha Morgan Bank, marking an important milestone in the Bank’s growth journey and reinforcing its commitment to…
Read More...

The Governor of Central Bank of Nigeria, Mr Olayemi Cardoso has sacked Mr Adesoji Ogungbesa and Mr Mustapha Oladeji Mohammed-Jimoh from the board of the Nigeria Security, Printing and…
Read More...

The Central Bank of Nigeria, CBN, yesterday removed the limit on cash deposit and raised the weekly cash withdrawal limits across all channels to N500,000 from N100,000. The apex…
Read More...

The Central Bank of Nigeria (CBN) ànd the office of the Accountant General of the Federation OAGF on Monday at the Federal High Court in Abuja denied the release of the witheld Osun…
Read More...

Pressure on Nigeria’s Tier-2 banks is intensifying as the Central Bank of Nigeria’s (CBN) March 2026 recapitalisation deadline approaches. New research by SBM Intelligence warns…
Read More...

A new report by SB Morgen (SBM) Intelligence has revealed that two of Nigeria’s tier-2 banks are under mounting pressure to scale up operations or risk being swallowed in a wave of…
Read More...

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to retain the Monetary Policy Rate (MPR) at 27.5 percent. CBN Governor Olayemi Cardoso made the…
Read More...

The Central Bank of Nigeria (CBN) has appointed 16 new directors to head critical departments, effective from March 3, 2025. A source told The Witness that the appointments are…
Read More...

The Central Bank of Nigeria (CBN) has retained the interest rate at 27.50 per cent. This was after the Monetary Policy Committee (MPC) of the CBN, on Thursday, February 20,…
Read More...