CBN

Business and Economy

CBN caps PoS agents’ daily transactions at ₦1.2m, insists on geo-tagging of operators

THE Central Bank of Nigeria (CBN) has capped daily cash-out transactions for Point of Sale (POS) agents at N1.2...
Mustapha USMAN -
News

CBN working with SEC on framework for crypto regulation, says Cardoso

GOVERNOR of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced that the bank is working with the...
Nanji Nandang VENLEY -
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Business and Economy

14 banks have met recapitalisation requirements – Cardoso

FOURTEEN financial banks in Nigeria have met their March 2026 recapitalisation requirement, according to the governor of the Central...
Harrison EDEH -
Business and Economy

Business lending to cost less as CBN cuts interest rate to 27%

THE borrowing costs for businesses by financial lending institutions will lessen slightly as the monetary policy committee (MPC) of...
Harrison EDEH -
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Energy and Power

Lawmakers query NERC over ₦59 billion metering funds

THE House of Representatives has questioned the Nigerian Electricity Regulatory Commission (NERC) over the ₦59 billion loan from the...
Fatimah QUADRI -
Business and Economy

What Nigeria’s $41billion foreign reserve rise means for economy

NIGERIA's gross foreign reserves increased to $41.05 billion as of August 20, the highest in about four years, demonstrating...
Ehime ALEX -
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