The governor of Central Bank of Nigeria (CBN), Yemi Cardoso, has said there is no going back on rebuilding credibility through orthodox monetary policy, transparency and consistency.
The Central Bank of Nigeria, CBN, said Nigeria’s trade surplus reached $2.2 billion in January 2025, rising by 107.5 percent month-on-month (MoM) from $1.06 billion in December 2024.
CBN Issues Warning to BDCs Against Money Laundering
The Central Bank of Nigeria (CBN) has warned Bureau De Change operators across the country of severe sanctions for failing to comply with anti-money laundering and terrorism financing regulations.
In a circular dated April 17, 2025, and signed...
CBN Governor Hit with N220m Contempt Suit
Central Bank of Nigeria Governor, Olayemi Cardoso, and the CBN’s Director of Legal Services, Salam-Alada Kofo, have been sued for contempt of court at the Federal High Court in Abuja over their alleged refusal to comply fully with...
Again, Hakama Sidi-Ali Clinches Top Honour at 2025 National Spokespersons Awards
Abuja, Nigeria – In a remarkable demonstration of excellence in public communication, Hakama Sidi-Ali, spokesperson for the Central Bank of Nigeria (CBN), was awarded the Outstanding Spokesperson (Banking Sector) for the second consecutive year...
CBN Mandates Banks to Strengthen Sanctions Compliance Measures
The Central Bank of Nigeria (CBN) has issued a fresh regulatory directive to banks, payment service banks, and fintech companies, warning them to tighten their sanctions compliance frameworks or face enforcement actions.
In a circular dated April 17,...
