• Analysts Predict CBN’s Takeover of Fixed Income Market Oversight Will Skyrocket Transparency and Credibility

    Experts in financial markets have welcomed the Central Bank of Nigeria’s (CBN) announcement to take direct control of the Nigerian Fixed Income Market starting November...

    CBN Assures Of Adequate Banknotes As Yuletide Approaches
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    Experts in financial markets have welcomed the Central Bank of Nigeria’s (CBN) announcement to take direct control of the Nigerian Fixed Income Market starting November 2025, describing it as a decisive move to enhance transparency, clarify regulatory roles, and boost the efficiency of monetary policy implementation. In an official notice signed by Okey Umeano, the...
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  • CBN’s 27% Rate Cut Falls Short in Relieving Credit Struggles, MSMEs Stakeholders Warn

    The Organised Private Sector (OPS) has welcomed the recent 27 percent reduction in interest rates but maintains that this measure alone falls short of alleviating...

    CBN Champions Next-Gen Leadership With New National Lecture Series
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    The Organised Private Sector (OPS) has welcomed the recent 27 percent reduction in interest rates but maintains that this measure alone falls short of alleviating the credit challenges faced by businesses. Segun Ajayi-Kadir, Director-General of the Manufacturers Association of Nigeria (MAN), emphasized that manufacturers require borrowing rates in the single digits-around five percent-to effectively boost...
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  • CBN Ignites Future Leaders with Exciting New National Lecture Series

    The Central Bank of Nigeria (CBN) is preparing to launch the Governor’s Annual Lecture Series, a premier initiative designed to cultivate the next generation of...

    CBN Champions Next-Gen Leadership With New National Lecture Series
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    The Central Bank of Nigeria (CBN) is preparing to launch the Governor’s Annual Lecture Series, a premier initiative designed to cultivate the next generation of leaders in monetary policy and national development. On Tuesday, the CBN announced that its Governor, Olayemi Cardoso, will present the inaugural lecture at Lagos Business School on Friday, October 3,...
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  • 5 Game-Changing Updates PoS Operators Need to Know About CBN’s New Agency Banking Rules

    The Central Bank of Nigeria (CBN) has rolled out fresh regulations targeting agency banking providers and Point of Sale (POS) operators. This move is designed...

    5 big changes PoS operators must know about CBN’s new agency banking rules
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    The Central Bank of Nigeria (CBN) has rolled out fresh regulations targeting agency banking providers and Point of Sale (POS) operators. This move is designed to bring order to the swiftly growing agency banking sector, which has seen a proliferation of operators nationwide over the last five years. Agency banking, facilitated largely by POS operators,...
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  • CBN and Attorney-General Firmly Deny Releasing Withheld Osun Council Funds to APC Chairmen and Councillors

    The Central Bank of Nigeria (CBN) and the Office of the Accountant General of the Federation (OAGF) have refuted claims regarding the disbursement of withheld...

    CBN, Attorney-General Deny Release Of Withheld Osun Council Funds To APC Chairmen, Councillors
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    The Central Bank of Nigeria (CBN) and the Office of the Accountant General of the Federation (OAGF) have refuted claims regarding the disbursement of withheld financial allocations to Osun State local government chairmen and councillors elected under the All Progressives Congress (APC) in 2022. Both agencies informed the Federal High Court in Abuja that reports...
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  • CBN Predicts Rate Cut Will Ignite Credit Expansion and Boost Economic Growth

    The Central Bank of Nigeria (CBN) has reaffirmed its positive outlook on the nation’s macroeconomic stability, emphasizing that its recent 50 basis point reduction in...

    Rate Cut To Spur Credit, Economic Growth, Says CBN
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    The Central Bank of Nigeria (CBN) has reaffirmed its positive outlook on the nation’s macroeconomic stability, emphasizing that its recent 50 basis point reduction in the Monetary Policy Rate (MPR) is intended to foster economic expansion without compromising the naira’s exchange rate stability. In a discussion on TVC, Dr. Victor Oboh, the apex bank’s Monetary...
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  • CBN Guarantees Ample Banknotes Ahead of the Festive Yuletide Season

    The Central Bank of Nigeria (CBN) has reassured the public that there will be an ample supply of banknotes to accommodate the anticipated increase in...

    CBN Assures Of Adequate Banknotes As Yuletide Approaches
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    The Central Bank of Nigeria (CBN) has reassured the public that there will be an ample supply of banknotes to accommodate the anticipated increase in cash demand during the upcoming festive season. This commitment was made during the launch of a nationwide awareness campaign focused on the proper handling of naira notes, an initiative spearheaded...
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  • CBN Slashes Interest Rate to 27%: What This Means for Nigerians and the Future of Fintech

    The Central Bank of Nigeria (CBN) has announced a reduction in the monetary policy rate (MPR) to 27%, marking the first decline since the onset...

    CBN cuts interest rate to 27%; what it means for Nigerians and fintechs
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    The Central Bank of Nigeria (CBN) has announced a reduction in the monetary policy rate (MPR) to 27%, marking the first decline since the onset of the COVID-19 pandemic in 2020. This adjustment follows a period of stability, with the rate held steady at 27.5% during the February, May, and July 2025 Monetary Policy Committee...
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  • CBN hints at possible drop in interest rates as inflation eases

    Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has indicated that nigeria-fintech-savings-apps/” title=”Top Fintech Apps in … Offering the Best Competitive Interest...

    CBN hints at possible drop in interest rates as inflation eases
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    Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has indicated that nigeria-fintech-savings-apps/” title=”Top Fintech Apps in … Offering the Best Competitive Interest Rates on Your Savings”>interest rates could decline in the coming months as inflation shows signs of moderating, a development expected to ease access to credit and stimulate investments. Cardoso made...
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  • CBN Mandates Banks and POS Operators to Complete Full Migration to ISO 20022 Payment Standard by October 31

    The Central Bank of Nigeria (CBN) has mandated that all commercial banks, microfinance institutions, mobile money operators, and other authorized participants within the payment ecosystem...

    CBN orders banks, POS operators, others to implement full migration to ISO 20022 payment standard by Oct 31
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    The Central Bank of Nigeria (CBN) has mandated that all commercial banks, microfinance institutions, mobile money operators, and other authorized participants within the payment ecosystem complete their transition to the ISO 20022 payment messaging standard by October 31. This directive was issued through an official circular signed by Rakiya Yusuf, Director of the Payments System...
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