Tag: CBN

Nigeria recorded a major drop in foreign exchange inflows in June 2026, with total funds entering the Nigerian Foreign Exchange ...

United Bank for Africa (UBA) has confirmed that its Group Chairman, Tony Elumelu, will retire from the bank's board on ...

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has urged commercial banks to ensure that the more ...

The Central Bank of Nigeria (CBN) has unveiled an ambitious plan to transform Nigeria from a major user of financial ...

The Central Bank of Nigeria (CBN) has introduced new interpretative guidance limiting the suspension of payment obligations and contractual termination ...

The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks nationwide, effective July 1, 2026, ...

ProvidusUnity Bank has officially commenced operations as a unified financial institution following the successful completion of the merger between Providus ...

Nigeria’s telecommunications industry has expressed strong support for plans to establish local smartphone manufacturing, describing the initiative as a major ...

Providus Bank and Unity Bank have officially commenced joint operations under their newly merged identity, ProvidusUnity Bank, marking the completion ...

Nigeria recorded a major increase in non-oil revenue in February 2026, with collections rising to N2.40 trillion, according to the latest ...