Home Central Bank of Nigeria

Central Bank of Nigeria

8 Articles
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...

Insurance World

Sovereign Trust Insurance Steps Up Recapitalization with ₦1.5B CBN Deposit

BY NKECHI NAECHE-ESEZOBOR—Sovereign Trust Insurance Plc has successfully advanced its ongoing recapitalization programme by fulfilling its statutory deposit of N1.5 billion with the...

Money

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...

Money

CBN Highlights Regulatory Path for Fintech Expansion in Nigeria

BY NKECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN) has released a new report outlining the regulatory priorities and policy directions needed to support...

Money

Nigeria, UK Discuss Long-Term Investment, Banking Sector Stability

Nigeria and the United Kingdom have reaffirmed their commitment to deepening financial sector reforms and attracting long-term investment, as the Governor of the...