CBN Sets 72-Hour Deadline for Banks to Refund Fraud
The Central Bank of Nigeria issues strict new rules forcing banks to refund fraud victims within 16 days. Learn how this impacts you and the fight against financial crime.
Category : Search result: Central Bank Nigeria
Food Bank Targets 40m Nigerians in Hunger Intervention
MATAN Food Bank launches an automated digital initiative to provide direct food access for over 40 million Nigerians, backed by the House of Representatives. Read how this plan tackles the nation's food crisis.
Nigeria's $2.25bn Eurobond Oversubscribed, Signals Investor Confidence
Nigeria raises $2.25bn via a heavily oversubscribed Eurobond, attracting over $13bn in orders. Analysts credit recent fiscal reforms and FX liberalisation for renewed global investor confidence in Africa's largest economy.
BoI disburses ₦1.27tr to enterprises, supports 900,000 jobs
The Bank of Industry disbursed over ₦1.27 trillion across 14 sectors in 2024, supporting 900,000 jobs. The bank is expanding green finance and renewable energy investments to drive Nigeria's industrial transformation.
Nigerian Banks Hit N33.24 Trillion in Customer Deposits
Ten Nigerian banks recorded over N33.24 trillion in savings deposits by September 2025, a 6.8% annual increase. See which Tier-2 banks led the growth and the latest CBN savings rates.
NDIC Seeks NIESV Collaboration on Bank Depositor Safety
NDIC MD Thompson Sunday urges NIESV to deepen collaboration for accurate asset valuation in bank liquidation, crucial for protecting depositors' funds. Read more.
$5B Africa Energy Bank HQ Complete in Abuja
Nigeria has completed the headquarters of the $5 billion Africa Energy Bank in Abuja. Minister Heineken Lokpobiri confirms all host obligations are met, paving the way for operations to begin. Read more.
US-Nigeria Talks on Middle Belt Peace and Security
A US Embassy delegation met President Tinubu's aide, Dr Abiodun Essiet, in Abuja to discuss peace initiatives and security collaboration in Nigeria's North Central region. Learn the key outcomes.
Top 10 Nigerian Banks by Mobile App Downloads
Access Bank, First Bank, and UBA lead with over 10 million downloads each. Discover the full ranking of Nigeria's most downloaded banking apps and their ratings. #DigitalBanking #Fintech
How to Block Your Access Bank Account & ATM Card Now
Lost your Access Bank card? Act fast! This guide details immediate steps to block your account via USSD *901*911#, mobile app, WhatsApp banking, and more to prevent fraud.
Kinshasa Rally Impacts Dondra's CAR Election Bid
Massive Kinshasa rally supports Henri-Marie Dondra's CAR presidential bid. Discover how foreign backing could shape the December 28 election outcome and sovereignty debates.
CBN sells $36.60m to banks amid naira depreciation
Central Bank of Nigeria intervenes in forex market with $36.60 million sale to authorized dealers including Access, UBA, Zenith banks to stabilize naira. Experts analyze impact on currency stability.
Legal Battle: Lawyer Represents Both FBN and NUPRC
Senior lawyer Babajide Koku's dual representation in Nestoil-FBN legal battle raises conflict of interest concerns, threatening Nigeria's oil sector integrity. Stakeholders warn of serious consequences.
22-Year-Old Teacher Arrested for Inappropriate Student Texts
Yezmar Ramos-Figueroa, 22, faces felony charges for sending obscene material to a 13-year-old student at Central Pointe Christian Academy. Learn the shocking details.
Bank78 MFB: Nigeria's First Private Digital Bank Launches
Bank78 MFB launches as Nigeria's first fully private digital bank, offering premium banking experience for mass-affluent Nigerians. Licensed by CBN and insured by NDIC.
Experts Support CBN's MPR Decision, See Lower Rates
Nigerian economists endorse CBN's monetary policy stance maintaining MPR at 27%. Experts predict reduced lending costs to boost real sector growth. Read analysis.
Zenith Bank Awards N140m to African Tech Innovators
Zenith Bank empowers African innovators with N140 million funding at 2025 Tech Fair. Ten startups including Trust Loop and Cubbes Technologies receive grants and mentorship to scale their solutions.
Union Bank Rewards Top Teachers with Millions
Union Bank of Nigeria honoured exceptional educators at the 11th Maltina Teacher of the Year Awards in Lagos. Discover the winners and the bank's commitment to education.
UN Condemns Mass Kidnappings in Nigeria
UN condemns mass kidnappings of 402 people in Nigeria, urges authorities to hold perpetrators accountable and ensure safe return of victims.
Chinese mining CEO arrested in Kyrgyzstan
Kyrgyz authorities detain Chinese CEO of gold mining firm accused of major environmental damage amid growing anti-China sentiment. Read full details.
Conductor Gets Fake Wedding Naira Notes as Payment
A Nigerian conductor was reportedly paid with fake N1000 notes featuring wedding couple photos and 'Central Bank of Love' inscription. The incident sparks social media outrage.
Union Bank Save & Gain: Win ₦5 Million & Cash Prizes
Union Bank's new Save & Gain campaign rewards customers with cash prizes up to ₦5 million for maintaining accounts and using digital channels. Learn how to participate.
Naira weakens to N1,456.72/$ as economy faces pressure
Naira depreciates by 0.98% to N1,456.72/$ amid dollar demand and structural challenges. Nigeria's foreign reserves rise to $44.12 billion despite oil price decline. Learn more about the economic outlook.
Ex-Senator Sues NDIC Over N4.76bn Property Documents
Former Senator Farouk Bunza demands NDIC release title documents for N4.76bn Banana Island property after full payment. Legal action threatened over contract breach.
CBN Injects $50m to Stabilize Naira Amid Dollar Demand
The Central Bank of Nigeria has intervened with $50 million forex injection to stabilize the naira as currency volatility continues. Learn how this affects Nigeria's economy.
Naira Recovers Against Dollar as FX Reserves Soar
Naira strengthens against US dollar after recent decline, closing at N1,452.13. Nigeria's foreign reserves hit $46.7 billion, highest in 7 years. Traders expect continued volatility despite positive indicators.
Afghanistan Diversifies Trade Amid Pakistan Dispute
Afghanistan is urgently seeking new trade partners after a border clash with Pakistan. The Taliban government is turning to Iran and Central Asia as $100 million in losses hit traders. Discover the economic fallout.
Idris Wada defects to APC, Ohere eyes Senate comeback
Former Governor Idris Wada defects to the APC in a major Kogi political shift. Senator Ohere hails the move and outlines his 2027 Senate comeback bid, highlighting his legislative record.
GrabrFi Offers US Bank Accounts to Nigerian Freelancers
Nigerian freelancers and professionals can now open US bank accounts with GrabrFi to receive USD payments without fees, avoid currency devaluation, and access global financial tools for their borderless careers.
Fake Microfinance Bank Exposed by CBN in Nigeria
CBN warns Nigerians against Zuldal Microfinance Bank operating illegally in Lagos, Abuja, Kaduna, and Kano. Verify licensed MFBs before transactions.
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