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CBN Hits N825bn Target in Final 2025 Debt Auctions

The Central Bank of Nigeria (CBN) is set to raise a total of N825 billion from the domestic debt market in the final round of sovereign issuances for 2025.

CBN Directs PoS Providers to Link with NIBSS, UPSL

The Central Bank of Nigeria (CBN) has directed all acquirers, processors, and Payment Terminal Service Providers (PTSPs) to implement mandatory dual connectivity.

Reps Move to Regulate CBN Operations

Reps Move to Regulate CBN Operations   The House of Representatives on Thursday took initial legislative steps to strengthen transparency and accountability in the operations of the Central Bank of Nigeria, following the second reading of a bill seeking comprehensive amendments to the Central Bank of...

Nigerian Banks Strengthen Capital Base Amid CBN Regulatory Push

Nigerian Banks Strengthen Capital Base Amid CBN Regulatory Push   Deposit Money Banks are shoring up their capital base as the Central Bank of Nigeria (CBN) intensifies oversight, reinforcing governance, transparency, and risk management to ensure a resilient, stable financial system. Nigeria’s banking system remains stable and...

CBN Limits Cash Payout at 25% for PTA/BTA

CBN Limits Cash Payout at 25% for PTA/BTA The Central Bank of Nigeria (CBN) has introduced a limit of 25 per cent on the amount of cash beneficiaries can receive when accessing their Personal Travel Allowance (PTA) and Business Travel Allowance (BTA) from Bureau De...

Yuletide Rush Pushes Naira Lower Across FX Markets on Dec 10

Yuletide Rush Pushes Naira Lower Across FX Markets on Dec 10 Festive-season demand continued to weigh on the naira on Wednesday, December 10, as the currency weakened against the U.S. dollar across both the parallel market and the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in...