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CBN
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...
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...
Breaking: CBN Launches Nigerian Overnight Financing Rate to Deepen Money Market
BY NKECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN), in collaboration with the Financial Markets Dealers Association (FMDA), has introduced the Nigerian Overnight Financing...
Nigerian Banks Raise ₦4.65 Trillion as CBN Ends Recapitalisation Drive
Nigerian banks have successfully raised a total of ₦4.65 trillion in fresh capital following the conclusion of the Central Bank of Nigeria’s (CBN)...
Court Ruling Won’t Affect Union Bank Operations, Says CBN
BY NKECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN), has said the recent court ruling will not affect the operations or financial stability of...
EFCC, CBN Boost Anti-Money Laundering Efforts in Enugu
The Economic and Financial Crimes Commission (EFCC) and the Central Bank of Nigeria (CBN) have reaffirmed their commitment to strengthening collaboration in Enugu...
President Tinubu nominates Lamido Abubakar Yuguda as CBN Deputy Governor
President Bola Ahmed Tinubu has approved the appointment of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria, subject to...
CBN Boosts Reserves with $3.5bn LBMA-Standard Gold Acquisition
BY NKECHI NAECHE -ESEZOBOR—The Central Bank of Nigeria (CBN) has strengthened its foreign reserves with the acquisition of $3.5 billion worth of gold...
