Central Bank of Nigeria
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BUSINESS
POS Operators Revolt Against CBN’s One-Terminal Rule Over Business Fears
*LAGOS* — Tension is brewing in Nigeria’s fast-growing POS business as operators push back against a new regulation from the…
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TRENDING
Financial News: CBN Introduces Stricter BVN/NIN Rule, May 1, 2026.
The Central Bank of Nigeria (CBN) has announced major initiatives to tighten financial regulations and strengthen the naira, including stricter…
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BUSINESS
Nigeria’s Capital Inflows Jump 90% in 2025 as Foreign Investors Chase High Returns
Capital inflows into Nigeria jumped nearly 90% in 2025, driven overwhelmingly by foreign portfolio investment as investors returned to local…
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BUSINESS
CBN Tightens Grip on Mobile Banking: N20,000 Cap for New Mobile Apps
The Central Bank of Nigeria (CBN) has introduced a new security measure, limiting transactions on newly activated mobile banking apps…
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BUSINESS
Banker’s Greed Unleashes $1.4m Heist: Gets 15 Years
A former Head of Operations at First Bank, Mr Akin, has been sentenced to 15 years imprisonment for orchestrating a…
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BUSINESS
30 Banks Meet CBN’s Recapitalisation Deadline
Thirty banks have met the new capital requirements set by the Central Bank of Nigeria (CBN) as the March 31…
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BUSINESS
Unity, Providus Banks Merger a Done Deal as Integration Progresses
Following the recently held Court-Ordered Meeting and subsequent overwhelming endorsement, the merger and business combination between Unity Bank Plc and…
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