The Nigeria Deposit Insurance Corporation (NDIC) has warned Nigerians to steer clear of Ponzi schemes and other fraudulent investment platforms, urging them to keep their savings only in banks licensed …
CBN
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Banks’ deposits with the Central Bank of Nigeria (CBN) through the Standing Deposit Facility (SDF) rose to an unprecedented N50.73 trillion in September 2025, underlining the surge in excess liquidity …
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The Central Bank of Nigeria (CBN) has announced that 14 banks have successfully met the new minimum capital requirements set under its ongoing recapitalisation programme. Governor of the CBN, Yemi …
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The Monetary Policy Committee of the Central Bank of Nigeria has reduced the country’s interest rate to 27.00 per cent for the first time in 2025. The Governor of CBN, …
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The Central Bank of Nigeria (CBN) has announced fresh plans to revive its Central Bank Digital Currency (CBDC), the eNaira, as part of efforts to strengthen public trust and expand …
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The Central Bank of Nigeria (CBN) has clarified that its 2024 Early Exit Package (EEP) was entirely voluntary and not designed to target or marginalize staff from Northern Nigeria. CBN …
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The Central Bank of Nigeria (CBN) has raised fresh concerns about a potential spike in inflation, warning that persistent rises in input costs are putting mounting pressure on businesses and …
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The Central Bank of Nigeria (CBN) has clarified that enrolment for the Bank Verification Number (BVN) remains free for Nigerians residing in the country, dismissing social media claims about new …
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The Central Bank of Nigeria (CBN) has assured the public that the country’s banking sector remains stable, following what it described as misleading media and social media reports about the …
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The Central Bank of Nigeria has warned Nigerians against engaging with individuals and groups peddling fictitious contracts, loans, and financial grants purportedly issued or endorsed by the apex bank. In …