Also known as: CBN
Central Bank of Nigeria — sets monetary policy and regulates banks, most recently maintaining the policy rate at 26.5% amid inflation pressures.
Verbatim sentences from the source article.
Joy Online
… It had also opened accounts with the Central Bank of Nigeria and appeared in the 2026 Appropriation Act with an allocation of 1.3bn naira ($950,000; £700,000). …
Boss of fake government agency arrested in Nigeria after weeks on the runJoy Online
… Its spokesman first said Adeyemi had “fraudulently opened” an account at the Central Bank of Nigeria. …
How a fake presidential council ended up with a budget of almost $1m in NigeriaThe Chronicle
The Central Bank of Nigeria (CBN) has reaffirmed that both the standard ₦100 banknote and the commemorative ₦100 banknote remain legal tender and must be accepted for all transactions across the country. …
Standard, Commemorative ₦100 Notes Remain Legal Tender –Central BankJoy Online
… The bank said Mr Elumelu’s retirement follows the completion of the 12-year tenure limit prescribed for Non-Executive Directors of banks by the Central Bank of Nigeria. …
Tony Elumelu retires as UBA Group Chairman after 12 years; Emmanuel Nnorom takes overJoy Online
… Fitch expects profitability to improve slightly in 2026 on declining loan impairment charges and net interest margins remaining broadly stable as the Central Bank of Nigeria pauses its monetary easing in response to renewed inflationary pressures. …
New paid-in capital requirements help Nigerian banks exit forbearance – FitchThe Chronicle
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has voted to retain the Monetary Policy Rate (MPR) at 26.5% following its 305th meeting, which recorded the attendance of 11 members. …
Central Bank of Nigeria Holds Monetary Policy Rate Steady At 26.5%Business & Financial Times
… The Central Bank of Nigeria, the South African Reserve Bank and the Bank of Tanzania have all explored greater gold reserve accumulation in recent years amid rising concerns about dollar volatility, geopolitical fragmentation and inflation risks. …
Why BoG’s 2025 losses may be the price of macroeconomic recoveryJoy Online
… The Central Bank of Nigeria, the South African Reserve Bank, and the Bank of Tanzania have all explored greater gold reserve accumulation in recent years amid rising concerns about dollar volatility, geopolitical fragmentation, and inflation risks. …
The Cost of Stabilising Ghana: Why the Bank of Ghana’s 2025 losses may be the price of macroeconomic recoveryBusiness & Financial Times
… Across the border, the Central Bank of Nigeria has gone further still. In January this year, it imposed an operational directive requiring banks to reduce fraud response times to under thirty minutes, layered on top of a sweeping recapitalisation programme whose March 2026 deadli …
The enemy within: How insider fraud is quietly eroding the banking sectorBusiness & Financial Times
… Central Bank of Nigeria. (2020). …
Can Non-Interest Banking enhance financial inclusion?Adeniyi Adeyemi Matthew, who claimed to be director general of a bogus Presidential Foreign Investment Promotion Council set up in Nigeria's president's office, was arrested in Osun State after weeks in hiding. He faces charges of forgery and impersonation following a warrant issued by the Federal High Court after he failed to appear at a hearing.
20 hours ago · Joy Online →
Adeniyi Adeyemi Matthew, who claimed to be director general of a bogus Presidential Foreign Investment Promotion Council set up in Nigeria's president's office, was arrested in Osun State after weeks in hiding. He faces charges of forgery and impersonation following a warrant issued by the Federal High Court after he failed to appear at a hearing.
20 hours ago · Joy Online →
Nigeria's government revealed that the Presidential Foreign Intervention Promotion Council, which operated from a federal office, employed civil servants, and received an allocation of 1.3 billion naira ($950,000) in the 2026 national budget, had never been created by law or official order and was based on a forged appointment letter.
11 July 2026 · Joy Online →
Nigeria's Central Bank has reaffirmed that both the standard ₦100 banknote and the commemorative ₦100 banknote introduced for Nigeria's centenary remain legal tender and must be accepted for all transactions. The CBN warned against rejecting the standard ₦100 note, stating such actions violate the CBN Act and threaten public confidence in the currency.
9 July 2026 · The Chronicle →
United Bank for Africa announced that Group Chairman Tony O. Elumelu is retiring from the Board effective August 21, 2026, after completing a 12-year tenure limit prescribed by Nigeria's Central Bank for Non-Executive Directors. Emmanuel N. Nnorom, a chartered accountant with over 40 years of banking and finance experience, has been elected as his successor.
7 July 2026 · Joy Online →
Fitch Ratings reports that Nigerian banks' impaired loans ratio jumped to 8% in early 2026 following the withdrawal of regulatory forbearance, but capital raisings to meet new paid-in capital requirements enabled banks to absorb additional provisions and remain compliant with minimum capital adequacy ratios. The agency expects the impaired loans ratio to decline to about 5% by end-2026 as oil production and prices improve.
30 June 2026 · Joy Online →
The Central Bank of Nigeria's Monetary Policy Committee voted to retain the Monetary Policy Rate at 26.5% and maintained all key policy parameters, citing persistent inflationary pressures and the need to sustain macroeconomic stability. Nigeria's headline inflation rose to 15.69% in April 2026 from 15.38% in March 2026.
21 May 2026 · The Chronicle →
A Bank of Ghana loss of GH¢15.6 billion in 2025 was largely driven by deliberate stabilisation policies—including open market operations, revaluation, and exchange-rate and gold reserve transactions—aimed at restoring economic confidence. The losses coincided with significant improvements in Ghana's macroeconomic indicators.
14 May 2026 · Business & Financial Times →
The Bank of Ghana reported a GH¢15.6 billion loss for 2025, principally from open market operations, revaluation, exchange-rate losses, and gold reserve transactions. According to the source, these losses were a deliberate consequence of stabilisation policies that contributed to macroeconomic recovery, as central banks prioritise economic stability over profit maximisation.
8 May 2026 · Joy Online →
Ghana's banks recorded 16,733 fraud cases in 2024, a five per cent increase on 2023, with total value at risk climbing 13 per cent to roughly GH¢99 million, even as the sector has become better capitalised and supervised since the 2018 licence revocations.
4 May 2026 · Business & Financial Times →
Ghana has expanded digital financial access—66 million registered mobile money accounts and GH¢1.9 trillion in transactions by 2024—but policymakers now face the challenge of deepening meaningful financial participation, particularly for small businesses, farmers, and entrepreneurs who struggle to access formal credit.
29 April 2026 · Business & Financial Times →