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CBN

CBN leads financial dialogue with JP Morgan, NGX, others in pre-spring meeting forum

April 22, 2025 Verity News 0

 In anticipation of the International Monetary Fund (IMF) and World Bank Group (WBG) Spring meetings commencing Monday, April 21, 2025, the Central Bank of Nigeria […]

Nigeria posts $6.83B balance of payments surplus in 2024

April 10, 2025 Verity News 0

Signaling Economic Resurgence The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for the 2024 financial year, […]

Court summons Tinubu, Akpabio, CBN over Rivers emergency rule case

March 29, 2025 Blossom 0

President Bola Tinubu and seven others have been summoned by a Federal High Court sitting in Port Harcourt over the declaration of a state of […]

Cardoso champions gender equity with record female senior appointments

March 28, 2025 Verity News 0

In a significant milestone for Nigeria’s banking sector, women now constitute 35% of the Central Bank of Nigeria’s (CBN) directors and half of its Non-Executive […]

Adeleke’s nominee for Osun bank director rejected by CBN

March 24, 2025 Blossom 0

The Central Bank of Nigeria (CBN) has rejected Governor Ademola Adeleke’s nomination of ex-Finance Commissioner, Wale Bolorunduro, as a Director of Osun-owned Living Trust Mortgage Bank. The […]

CBN, LG autonomy and need for financial probity

March 11, 2025 Verity News 0

By Lawal Nasir When in July 2024, the Supreme Court gave a ruling that effectively granted financial autonomy to the 774 local government councils in […]

Group writes ICPC on how NCDMB paid N9.9B for consultancy through CBN

February 20, 2025 Verity News 0

The Centre for Fiscal Transparency and Public Integrity, a non-governmental organisation has asked the ICPC to investigate corrupt practices and misapplication of funds amounting to […]

Cardoso urges greater backward integration in the telecom sector

February 15, 2025 Verity News 0

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has renewed calls for deeper backward integration in the telecommunications sector, emphasising the […]

Forfeiture order: CBN assures on Keystone Bank’s stability

February 14, 2025 Verity News 0

Following the court order that the shares of Keystone Bank Limited previously held bythe shareholders be forfeited to the Federal Government of Nigeria, the Central […]

Bureau de change operators get relief as CBN waives 2025 renewal fee

January 28, 2025 Blossom 0

The Central Bank of Nigeria (CBN) has announced the waiver of the 2025 non-refundable annual license renewal fee for Bureau De Change (BDC) operators. In […]

CBN imposes N1.35bn penalty on nine banks over Yuletide ATM cash crisis

January 15, 2025 Blossom 0

The Central Bank of Nigeria has sanctioned nine Deposit Money Banks with fines totalling N1.35bn for failing to ensure cash availability via Automated Teller Machines […]

Central bank, SEC okays FCMB group’s rights offering

December 30, 2024 Blossom 0

The Central Bank of Nigeria and the Securities and Exchange Commission have approved the N147bn rights offer of FCMB Group. This was disclosed in a […]

CBN reports economic growth in Q3 2024 amid recovery efforts

December 23, 2024 Blossom 0

The economy grew by 3.46 per cent in Q32024, with output reaching ₦20.115 trillion, up from 3.19 per cent (₦18.285 trillion) in Q2 2024, driven […]

Old Naira notes, N1000, N500 and N200 still valid-CBN

December 15, 2024 Verity News 0

The Central Bank of Nigeria (CBN) has dismissed claims that some denominations of the Naira are no longer valid. The apex bank reiterated that the […]

House of Reps orders CBN to suspend staff retirements pending probe

December 3, 2024 Blossom 0

The House of Representatives, on Tuesday, directed the Central Bank of Nigeria, CBN to suspend the retirement of 1,000 staff and the associated payoff scheme […]

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