CBN Allocates Two Additional Crude Oil Export Terminals to Swede Control Intertek
By Elizabeth Ugbo The Central Bank of Nigeria (CBN) has allocated two additional crude oil export terminals to Swede Control…
CBN Redeploys Four Deputy Governors in Major Management Reshuffle
By Elizabeth Ugbo The Central Bank of Nigeria (CBN) has redeployed its four Deputy Governors in a major management reshuffle…
Central Bank of Nigeria Raises Card Fees to N1,500, Unveils New Bank Charges Effective May 2026
By Elizabeth Ugbo The Central Bank of Nigeria (CBN) has increased debit and credit card issuance fees to N1,500, effective…
CPPE Commends CBN as 32 Banks Meet Recapitalisation Requirements, Calls for Stronger Credit Access
By Elizabeth Ugbo The Centre for the Promotion of Private Enterprise (CPPE) has commended the Central Bank of Nigeria (CBN)…
Court Reinstates Union Bank Board, Rules CBN Acted Outside Law
By Elizabeth Ugbo A Federal High Court in Lagos, presided over by Justice Chukwujekwu Aneke, has reinstated the board of…
Naira Exchange Rate: Steady Performance Amid Strong Reserves and Inflationary Support
By Elizabeth Ugbo The Nigerian Naira maintained a steady performance against the US Dollar on Wednesday, February 25, 2026, in…
Nigeria’s External Reserves Hit $50.45bn, Highest in 13 Years – CBN
By Elizabeth Ugbo Nigeria’s gross external reserves climbed to $50.45 billion on February 16, 2026, according to the Governor of…
Naira to Dollar Exchange Rate February 18 2026: Official and Parallel Market Updates
By Elizabeth ugbo Official Market Performance (NAFEM) On Wednesday, February 18, 2026, in Nigeria, the Naira traded against the United…
CBN Lending Rates Hit 60% as Banks Tighten Credit to Key Sectors
By Elizabeth Ugbo Manufacturers and agricultural operators in Nigeria are now paying lending rates of up to 60 per cent,…
Naira Holds Steady at 1,354/$ in Official Market as CBN Sustains Liquidity Control
By Elizabeth Ugbo The Nigerian Naira traded steadily against the United States Dollar on Tuesday morning, February 17, 2026, in…