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   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...

Senate Grills CBN Governor Over Alleged N1.44trn Unremitted Surplus   The Senate Committee on Banking, Insurance and Other Financial Institutions on Thursday met with the leadership of the Central Bank of Nigeria (CBN) to demand clarification on the alleged non-remittance of N1.44 trillion into the Consolidated...

The Central Bank of Nigeria (CBN) has disclosed that it is finalising a revised foreign exchange (forex) manual, as part of its broader reforms to strengthen transparency, deepen market participation, and restore confidence in the naira.

The Central Bank of Nigeria (CBN) on Tuesday retained the Monetary Policy Rate at 27 per cent, saying the current economic conditions.

The Monetary Policy Committee of the Central Bank of Nigeria has retained the benchmark interest rate at 27 per cent, extending its pause on monetary tightening.