CBN Reaffirms Standard and Commemorative ₦100 Notes Remain Legal Tender
By Elizabeth Ugbo The Central Bank of Nigeria (CBN) has reaffirmed that both the standard ₦100 banknote and the commemorative…
CBN Orders Banks to Freeze Accounts Linked to Six Terrorism Financing Suspects
By Elizabeth Ugbo The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to immediately freeze accounts,…
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…