CBN Sells $50m to Banks as Naira Falls Amid Dollar Demand
Central Bank intervenes with $50 million FX sale to Access, Zenith, UBA amid naira volatility. Naira falls to N1,472/$ in parallel market despite reserves growth. Read latest analysis.
Category : Search result: central bank independence
Plateau Governor's APC Move Sparks Party Conflict
North-Central APC Forum condemns protests against Governor Mutfwang's defection, calls it undemocratic. Forum insists move benefits party ahead of 2027 elections.
Nigerian banks post N14.7tn interest income
Nine major Nigerian banks reported a combined N14.72 trillion in interest income for the first nine months of 2025, a 27.68% increase driven by high interest rates. Discover which banks led the growth.
Moghalu: Emefiele was disastrous CBN governor
Former CBN deputy governor Kingsley Moghalu condemns Godwin Emefiele's tenure, calling it disastrous and politically compromised. Read the full analysis of Nigeria's economic decline.
Central Asia's Energy Crisis Deepens Amid Water Shortage
Kyrgyzstan and Tajikistan face a severe energy crisis as water levels at key hydropower reservoirs plummet. Discover the causes and government responses to this critical situation.
Nigerians Die in Libya Migrant Boat Capsize
Two Nigerians confirmed dead, two rescued as migrant boat carrying 49 people capsizes off Libya coast. Over 1,000 lives lost on Central Mediterranean route in 2025.
New Bank Lending Rates Released by CBN for 2025
Central Bank of Nigeria publishes updated lending rates for Access Bank, UBA, Zenith Bank and others. See the new prime and maximum rates affecting loans.
Banks Set Jan 2026 Deadline for NIN, Tax ID Linking
Access Bank, Zenith Bank, UBA, and other Nigerian banks mandate customers to link NIN or Tax ID by January 1, 2026, or face account restrictions under new tax laws.
Two Nigerians Die in Mediterranean Shipwreck
Two Nigerians died and two were rescued after a migrant boat capsized off Libya. Over 1,000 lives have been lost on this route in 2025. Read more on the urgent call for action.
World's Largest Walnut Forest Thins Away in Kyrgyzstan
The world's largest wild walnut forest in Kyrgyzstan is thinning due to climate change, illegal logging, and overgrazing, threatening a vital economic lifeline for local communities.
Wema Bank Holds Walk-In Interviews for Job Seekers
Wema Bank invites job seekers for nationwide walk-in interviews from Nov 17-21, 2025. Positions available for Commercial Relationship Management Officers. Bring your CV and credentials.
Nigerian Bank to Close Accounts Under N7.5M Balance
Standard Chartered Bank Nigeria will close customer accounts with less than N7.5 million in February 2026. Learn about the new requirements and branch closures affecting personal banking customers.
Standard Chartered Nigeria Closing Branches from 2026
Standard Chartered Bank Nigeria announces branch closures starting January 2026 as part of digital transformation strategy. Bank confirms meeting CBN's N200bn capital requirement early.
Sanwo-Olu to Speak at Arewa Think Tank Event
Lagos Governor Babajide Sanwo-Olu will deliver a keynote lecture at Arewa House Kaduna on Nigeria's 65th independence anniversary. President Tinubu to attend as Special Guest of Honour.
Banks Warn Customers About New Fraud Methods
Ecobank, First Bank, and Wema Bank alert customers about sophisticated scams using fake apps and pop-ups to steal banking details. Learn how to protect your accounts.
Emergency USSD Codes: Block Bank Account If Phone Stolen
Critical security guide: Learn the emergency USSD codes to instantly block your UBA and Zenith Bank accounts when your phone is stolen. Protect your funds immediately with these simple steps.
Court freezes Indian businessman's assets over ₦9.5B debt
Federal High Court in Lagos issues restraining order against multiple banks from dealing with Indian businessman and his companies amid massive debt dispute with Nigerian firm.
CJN Urges Tribunal to Guard Independence
Chief Justice of Nigeria Olukayode Ariwoola delivers powerful charge to Code of Conduct Tribunal members, emphasizing judicial independence and integrity in handling corruption cases involving public officials.
Nigeria gets $400M World Bank boost for IDPs, healthcare
Nigeria secures massive $400 million World Bank funding to support Internally Displaced Persons and revolutionize Sokoto State's healthcare system, signaling strong economic recovery.
First Bank Holdings Posts N450.9B Profit
First Bank of Nigeria Holdings Plc announces staggering N450.9 billion profit as it strategically positions itself for Central Bank of Nigeria's banking sector recapitalisation requirements.
Bank of England Maintains 5.25% Interest Rate
The Bank of England maintains interest rates at 5.25% amid inflation concerns. Discover how this decision impacts mortgages, savings, and the UK economic outlook.
Angola to honour Nigeria's Murtala Muhammed at independence
Angola announces posthumous recognition for former Nigerian leader Murtala Muhammed during 49th independence celebrations, acknowledging his crucial role in Africa's liberation struggles.
Wema Bank Rewards Teachers with ₦4.5M Prizes
Wema Bank's 'Thank You Teacher' initiative celebrates educators with cash prizes, gadgets, and recognition, reinforcing commitment to educational development in Nigeria.
Urhobo College vs GSS: Delta Principals' Cup Final
The stage is set for an electrifying final showdown as Urhobo College and Government Secondary School battle for supremacy in the prestigious Zenith Bank Delta Principals' Cup football tournament at Stephen Keshi Stadium.
CBN Policy Updates: Essential Guide for Nigerian Forex Traders
Discover why Nigerian forex traders are closely monitoring CBN policy updates and how these decisions directly impact currency volatility, trading strategies, and profit opportunities in the volatile Naira market.
Nigerian Immigration Denies Senator's Passport Seizure Claim
The Nigeria Immigration Service has categorically denied Senator Natasha Akpoti-Uduaghan's allegations of passport seizure, calling her claims 'false and misleading'. Get the full details of this explosive political drama.
Nigeria Private Sector Growth Hits 6-Month High
Nigeria's private sector shows strongest growth in six months as business output and new orders surge, signaling economic recovery despite persistent inflation challenges.
Keystone Bank CEO Honoured with CIBN Fellowship
The Chartered Institute of Bankers of Nigeria confers esteemed fellowship on Keystone Bank's Managing Director, recognizing his exceptional contributions to Nigeria's banking sector.
World Bank Confirms Nigeria's $1 Billion Loan Request
The World Bank has confirmed receiving President Tinubu's request for a $1 billion loan to support Nigeria's economic reforms and development projects. Get the full details on how this funding will impact the nation.
Bank Account Hacking Warning: 7 Red Flags in Nigeria
Nigerians, beware! Cybersecurity experts reveal the warning signs that scammers are targeting your bank account. Learn how to spot phishing attempts before you lose your hard-earned money.
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