There was rancor in the country when the Central Bank of Nigeria (CBN) in December 2024 prepared to retire up to 1,000 employees under the Early Exit Package (EEP) initiative, with over N50 billion allocated for severance payments. But in true, the recent strategic restructuring by the apex bank marks a significant turning point in the nation’s financial governance.

BVN, NIN Sale: A Threat to National Security By Shuaib S. Agaka Just weeks ago, national alarm bells rang over the dangers of SIM recycling—where inactive mobile numbers are reassigned without proper verification, sometimes leading to unauthorized access to bank accounts and sensitive platforms. Now, with...

The 46th edition of the Central Bank of Nigeria (CBN) Senior Open Tennis Championship in Abuja was more than a return of a celebrated sporting event; it was a carefully orchestrated display of how sport can become an agent of social cohesion, youth empowerment, and national renewal.

According to a new report by the Central Bank of Nigeria (CBN), businesses across Nigeria have ranked high interest rates as the most severe constraint affecting their operations in June 2025, overtaking long-standing challenges such as insecurity and poor electricity supply.

At its 301st meeting held on July 21 and 22, 2025, the Monetary Policy Committee of the Central Bank of Nigeria made the deliberate decision to maintain all key policy parameters.

Nigeria’s Interest Rate Dilemma: Stability at What Cost? By Prof. Chiwuike Uba, PhD In its July 2025 Monetary Policy Committee (MPC) meeting, the Central Bank of Nigeria (CBN) opted to retain its existing monetary parameters—maintaining the Monetary Policy Rate (MPR) at 27.5%, the Cash Reserve Ratio...