Former Vice President Atiku Abubakar has alleged that the confidentiality of his private banking information may have been compromised after an unsolicited payment was made into one of his personal bank accounts. Atiku, the presidential candidate of the African Democratic Congress (ADC),
The Central Bank of Nigeria (CBN) says the next stage of fintech development in Nigeria must focus on five important outcomes to achieve sustainable growth of the initiative. Mr. Yemi Cardoso, Governor, Central Bank of Nigeria (CBN) said in a goodwill message at the 3rd Business Journal Fintech & Financial Inclusion Roundtable 2026 in Lagos […]
Nigeria’s external reserves have declined by $114 million within seven days after recently climbing above the $52 billion mark, according to the latest figures released by the Central Bank of Nigeria (CBN). Data from the apex bank showed that the country’s foreign reserves fell from $52.04 billion on July 22 to $51.92 billion as of […]
The Central Bank of Nigeria (CBN) has confirmed opening two domiciliary accounts linked to the controversial presidential foreign investment promotion council (PFIPC) on the directive of the office of the accountant-general of the federation (OAGF). The apex bank, however, said the accounts, one denominated in United States dollars and the other in British pounds sterling,
The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have signed a Memorandum of Understanding (MoU) aimed at safeguarding consumers from fraud and strengthening collaboration between the telecommunications and financial sectors. As NCC, CBN Sign MoU to Combat Fraud, Boost Consumer Protection in Digital Economy of the agreement, both
President Bola Ahmed Tinubu has nominated Lamido Abubakar Yuguda for appointment as Deputy Governor of the Central Bank of Nigeria (CBN), subject to confirmation by the Senate. The nomination was made in line with Section 8(1) of the Central Bank of Nigeria Act, 2007. Yuguda’s appointment follows the recent redeployment of the former Deputy Governor, […]








