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Fraud

Emefiele Trial: Witness Tells Court $6.23m Released for Foreign Election Observer Mission Was ‘Pure Theft’

BY SUNDAY SAMUEL—Proceedings in the trial of former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, continued on Thursday before Justice Hamza Muazu...

Capital

Nigerian Stock Market to Rebound in H2 2026 Despite Economic, Political Risks – Expert

BY NKECHI NAECHE-ESEZOBOR—Nigeria’s stock market is expected to record a mild recovery in the second half of 2026, driven by stronger corporate earnings,...

Money

CBN Revokes Licences of 46 Microfinance Banks

BY NKECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks with effect from July 1, 2026,...

Insurance World

Enterprise Life Assurance Meets Full Regulatory Capital Requirements, Boosts Liquidity

BY NKECHI NAECHE-ESEZOBOR—Enterprise Life Assurance (Nigeria) Limited has announced the full remittance of its statutory deposit of N1 billion to the Central Bank...

Money

CBN Introduces Revised Foreign Exchange Guide for Improved Market Efficiency

The Central Bank of Nigeria has introduced the fourth edition of its Foreign Exchange Handbook as part of efforts aimed at improving openness,...

Money

Reaffirms Commitment to Stronger Shariah Governance in Non-Interest Finance Sector

BY NKECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN) has reaffirmed its commitment to strengthening Shariah governance, regulatory clarity, and risk management within the...

Money

CBN Warns Against Rising State Debt

BY NKECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN) has warned that reckless borrowing, uncontrolled spending and poor fiscal coordination by State Governments could...

Money

CBN Alerts Public to Fake Messages, Fraudulent Links

The Central Bank of Nigeria (CBN), on Tuesday   warned members of the public about the circulation of fraudulent messages, emails, and online...