CBN Sees Economic Shift as Inflation Eases, Reserves Hit $50bn The Central Bank of Nigeria (CBN) has signalled a gradual economic reset, attributing improvements in inflation, foreign reserves, and investor confidence to its monetary and financial sector reforms. Speaking at the CBN Special Day during the...

32 Banks Meet Recapitalisation Requirements Ahead of Deadline - CBN The Governor of the Central Bank of Nigeria (CBN) Olayemi Cardoso, on Thursday disclosed that 32 banks have already met the new capital requirements under the ongoing recapitalisation programme, ahead of the March 31, 2026...

CBN Blacklists Major Loan Defaulters, Restricts Credit Access   The Central Bank of Nigeria (CBN) has officially restricted banking services for “chronic defaulters” and large-ticket obligors with non-performing loans. In a sweeping move to enforce credit discipline and safeguard the nation’s financial system, the apex bank issued...

FG Opens Subscription for N750bn March Bond Offer The Federal Government, through the Debt Management Office, has opened subscriptions for N750bn worth of Federal Government of Nigeria bonds for March 2026. Details from the March 2026 bond offer circular published on the DMO’s website on Wednesday...

CBN Approves 100% Forex Repatriation for Oil Firms The Central Bank of Nigeria has approved the full repatriation of export proceeds by International Oil Companies, allowing them to access 100 per cent of their foreign exchange earnings through authorised dealer banks. The directive was contained in...

The Central Bank of Nigeria has moved to tighten oversight of diaspora inflows, directing all international money transfer operators (IMTOs) to route transactions through designated naira settlement accounts in banks in a bid to improve transparency and deepen liquidity in the official foreign exchange market.