Auto Added by WPeMatico
The Central Bank of Nigeria, CBN, has constituted a high-powered legal team of Senior Advocates of Nigeria, SANs, to challenge the judgment of the Federal High Court in Lagos which nullified its takeover of Union Bank of Nigeria Plc and ordered the reinstatement of the bank’s former board.
The post CBN assembles SANs, appeals court ruling on Union Bank takeover appeared first on Vanguard News.
Cardoso also restated the CBN’s commitment to entrenching robust corporate governance in Nigeria’s financial system.
The post CBN seeks continental collaboration to check cross‑border risks appeared first on Vanguard News.
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to deepening engagement with the academic and research community as Nigeria progresses toward a fully-fledged Inflation Targeting (IT) monetary policy regime.
The post CBN reaffirms commitment to inflation-targeting monetary policy appeared first on Vanguard News.
The Central Bank of Nigeria (CBN) has reiterated its commitment to advancing an inflation-targeting monetary policy framework, emphasizing the goal of steering headline inflation into a 6–9 percent range.
The post CBN reaffirms commitment to inflation targeting, eyes 6–9% appeared first on Vanguard News.
…Crude oil exports decline 14.41% to $31.54bn…Foreign portfolio investments down 48.3% to $8.04…Current account surplus falls 26%By Babajide Komolafe, Economy Editor and Elizabeth Adegbesan Nigeria’s external sector faced significant headwinds in 2025, as the country’s overall Balance of Payments (BOP) surplus plummeted by 38.1 per cent to $4.23 billion, down from the $6.83 billion recorded […]
The post Nigeria’s Balance of Payment falls 38% to $4.23bn in 2025 appeared first on Vanguard News.
The Central Bank of Nigeria (CBN) has issued fresh directives to banks, financial institutions and payment service providers aimed at strengthening electronic payment security, tightening oversight of the Bank Verification
The post CBN issues new rules on instant payments, BVN, dormant accounts appeared first on The Nation Newspaper.
The Central Bank of Nigeria (CBN) has issued fresh directives to banks, financial institutions and payment service providers aimed at strengthening electronic payment security, tightening oversight of the Bank Verification
The post CBN sets 18 as minimum age for BVN registration appeared first on The Nation Newspaper.
By Peter Egwuatu, Assistant Business Editor As at today, 12th March 2026, 30 banks out of the 35 banks operating in the country have met the recapitalisation requirement of the Central Bank of Nigeria, CBN, according to findings by Vanguard. The remaining five banks have 19 more days to meet the recapitalisation deadline which ends […]
The post 30 banks meet CBN recapitalisation rules 19 days to deadline appeared first on Vanguard News.
By ARIZE NWOBU Interest rate is the cost of money and one of the major macroeconomic variables which determine the dynamics, direction and health of an economy. Other major macroeconomic variables are exchange rate, inflation rate, unemployment rate, imports and exports and consumer confidence. Central banks determine the interest rates for their respective economies towards attaining […]
The post Reflections on CBN and interest rate dynamics appeared first on Vanguard News.
Nigeria recorded a $1.28 billion trade surplus in November 2025, representing a 4.06 percent month-on-month increase compared to the $1.23 billion surplus posted in October.
The post Decline in import bills triggers $1.28bn trade surplus appeared first on Vanguard News.