CBN

UBA chief explains dividend pause as CBN rule forces ₦331bn hit

United Bank for Africa has explained why it did not declare a final dividend...

CBN increases ATM card replacement fee, scraps maintenance charge

The Central Bank of Nigeria (CBN) has increased the fee for issuing or replacing...

Understanding the Union Bank saga

On Wednesday, a federal high court in Lagos delivered a major ruling that affects...

Nigeria food inflation rises even as headline inflation slows to 15.06%

Food prices in Nigeria accelerated in February, even as overall inflation slowed slightly, underscoring...

CBN cuts interest rate the second time in five months

Nigeria’s central bank has cut its benchmark interest rate for the second time in...

Finance Ministry, CBN scramble to pay Super Eagles after boycott threat at AFCON

Nigeria is racing to avert a crisis at the ongoing Africa Cup of Nations...

CBN counts pre-election spending as growth boost for 2026 despite risks

Nigeria’s central bank is projecting a stronger economic expansion in 2026, explicitly counting increased...

CBN shuts Aso Savings, Union Homes as NDIC begins paying customers

The Central Bank of Nigeria (CBN) has revoked the operating licences of Aso Savings...

Finally, Nigerians can get refunds after bank fraud as CBN sets new rules

Nigerians who lose money through their bank accounts to scammers may soon have a...

CBN caps daily cash withdrawals via agent banking at ₦100,000

The Central Bank of Nigeria (CBN) has issued fresh guidelines for agent banking operations...