Citi Increases Capital in Nigeria, Meets CBN’s N200bn Requirement
Citibank Nigeria Limited (Citi) has announced that it has successfully met the Central Bank of Nigeria’s (CBN) new N200 billion…
Tag: CBN
Monetary Easing Begins as CBN Cuts MPR to 27%, Cites GDP Growth, Falling Inflation
The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC), yesterday, kick-started monetary easing with a cut in the Monetary…
Recapitalisation: With 200 Days to Deadline, Banks Intensify Efforts to Scale Hurdle
With just 200 days left before the Central Bank of Nigeria’s (CBN) March 31, 2026 recapitalisation deadline, Nigerian banks…
Cardoso: CBN Committed to Economic Stability, Stronger Banks, More Investment Inflows
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reaffirmed the apex bank’s commitment to driving…
CBN Directs Banks to Submit Capital Plans, Gives 10 Days Deadline
As part of its broader strategy to stabilise the financial system and phase out pandemic-era reliefs, the Central Bank of…
CBN Affirms strength of Nigerian Banking Sector, Issues Routine Guidance for Banks Under Forbearance
In a move aimed at calming market jitters and ensure smooth transition from regulatory forbearance, the Central Bank of Nigeria…
In CBN’s Return to Orthodoxy, FirstHoldco Faces $887m Exposure
The decisive return to orthodox monetary policy by the Central Bank of Nigeria (CBN) and its roll out of stringent…
Mixed Reactions Trail CBN’s Directive Suspending Banks’ Dividends, Bonuses
Mixed Reactions have trailed last weekend’s directive by the Central Bank of Nigeria (CBN) to banks under regulatory forbearance to…
Recapitalisation: Banks in Race to Scale CBN’s Hurdle
*Apex bank upbeat With exactly 296 days to the March 31, 2026, deadline set by the Central Bank of Nigeria…
CBN Retains MPR at 27.50% Amid Inflation Moderation, Improved Macroeconomic Thresholds
The Central Bank of Nigeria (CBN) yesterday resolved to leave the monetary policy parameters, including the Monetary Policy Rate (MPR),…