Sterling Financial Holdings Strengthens Board with Two New Director Appointments
Sterling Financial Holdings Company Plc has appointed two experienced professionals to key leadership positions as part of its efforts to ...
Tag: CBN
CBN Warns Businesses Against Rejecting Standard ₦100 Banknotes
The Central Bank of Nigeria (CBN) has warned members of the public, businesses and financial institutions against rejecting the standard ...
CBN Revokes 46 Microfinance Bank Licences to Strengthen Nigeria’s Financial System
The Central Bank of Nigeria (CBN) has withdrawn the operating licences of 46 microfinance banks in a move aimed at ...
CBN to Raise N2 Trillion Through Treasury Bills in July to Reduce Excess Cash
The Central Bank of Nigeria (CBN) has announced plans to raise N2 trillion through Treasury Bills (T-bills) in July 2026 as part ...
Nigeria’s Foreign Exchange Inflows Fall by Over 20% in June as Market Activity Slows
Nigeria recorded a major drop in foreign exchange inflows in June 2026, with total funds entering the Nigerian Foreign Exchange ...
UBA Confirms Tony Elumelu’s Retirement, Appoints Emmanuel Nnorom Chairman
United Bank for Africa (UBA) has confirmed that its Group Chairman, Tony Elumelu, will retire from the bank's board on ...
CBN Urges Banks to Use N4.65 Trillion Capital to Drive Economic Growth
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has urged commercial banks to ensure that the more ...
Nigeria Targets Global Fintech Leadership with New Payment Vision 2028
The Central Bank of Nigeria (CBN) has unveiled an ambitious plan to transform Nigeria from a major user of financial ...
CBN Limits Contract Suspensions for Troubled Banks to Two Business Days
The Central Bank of Nigeria (CBN) has introduced new interpretative guidance limiting the suspension of payment obligations and contractual termination ...
CBN Revokes Licences of 46 Microfinance Banks Over Regulatory Breaches
The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks nationwide, effective July 1, 2026, ...
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