CBN Interest Rate Cut to 26.5% as MPC Signals Inflation Relief
CBN interest rate cut to 26.5% announced as inflation eases to 15.10% and reserves hit $50.45bn.
Read moreDetails
Tag: CBN
Providus-Unity Bank Merger Delayed Over N4.8bn Insider Loans Dispute
Providus-Unity Bank merger stalls as dispute over N4.8bn insider credits threatens recapitalisation deadline.
Read moreDetailsCBN Auctions N1.15 Trillion Treasury Bills Amid High Liquidity, Rate Pressure
CBN auctions N1.15 trillion Treasury Bills today, with long-dated securities attracting strong demand amid interest rate expectations.
Read moreDetails
Failed Airtime and Data Refunds: NCC, CBN Approve Instant Payback Framework
ailed airtime and data refunds get boost as NCC and CBN approve a framework for 30-second refunds on unsuccessful transactions.
Read moreDetails
Tinubu Pledges Further Inflation Reduction in 2026 to Boost Nigerian Households
President Tinubu vows to cut inflation further in 2026, ensuring economic reform benefits reach every Nigerian household.
Read moreDetails
ATM Transactions Surge 198% as Nigeria’s E-Payments Hit N1.89 Quadrillion
ATM transactions in Nigeria jump 197.86% to N36.34 trillion in H1 2025, boosting total e-payments across multiple channels.
Read moreDetailsCBN Foreign Card Transactions: Banks Ordered to Reconfigure ATMs, POS for International Cards
CBN foreign card transactions rules direct banks to reconfigure ATMs and POS, add authentication, and strengthen fraud controls nationwide.
Read moreDetails
Banks Deposited N3.7 Trillion with CBN on Christmas Eve as Liquidity Swells
Nigerian banks deposited N3.7tn at the CBN on Dec 24, highlighting excess liquidity and cautious lending ahead of Christmas.
Read moreDetails
Naira Slips to N1,478/$ at Black Market as Official Rate Firms Slightly
Naira weakens in the parallel market to N1,478/$ but edges up at the official window, widening the market gap.
Read moreDetails
Naira Slides to Two-Month Low as Forex Traders Blame Liquidity Crunch, Weak Detty December Inflows
Forex traders say poor liquidity, investor exits, and weak Detty December inflows are driving renewed pressure on the naira.
Read moreDetails
We deliver fast, reliable news and in-depth stories from around the world, keeping you informed with accurate reporting, fresh perspectives, and timely updates every day.