CBN orders banks, PSPs to store payment transaction data in Nigeria
WorldStage— The Central Bank of Nigeria (CBN) has directed banks, payment service providers (PSPs) and other financial institutions involved in ...
Tag: CBN
Cardoso formally receives Central Bank of the Year Award
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, formally received the Central Bank of the Year Award ...
Naira extends winning streak as reserves climb and FX market stability deepens in May
By Bamidele Famoofo WorldStage-- The Nigerian foreign exchange market maintained its positive momentum in May 2026, with the naira recording ...
Nigeria’s booming banks and a collapsing economy
By Blaise Udunze Nigeria’s banking industry appears to be booming, largely driven by the policies of the Central Bank of ...
CBN wins eNaira trademark case, awards N10m damages
WorldStage-- The Federal High Court in Abuja on Friday, made an order of perpetual injunction restraining the eNaira Payment Solutions ...
CBN governor says regulatory, judicial challenges slowing some banks’ recapitalisation
By Abiodun Folarin WorldStage-- Governor of the Central Bank of Nigeria (CBN) Olayemi Cardoso, has said the remaining banks yet ...
UPDATED: CBN holds interest rate at 26.5% as inflation, global tensions keep pressure on economy
By Abiodun Folarin WorldStage-- The Central Bank of Nigeria has retained the country’s benchmark interest rate at 26.5 per cent, ...
CBN’s MPC retains Monetary Policy Rate at 26.5%
WorldStage-- The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained Monetary Policy Rate (MPR) at ...
Access Holdings hits by capital inadequacy, as CBN disapproves dividend due to over-exposure to foreign risk
WorldStage-- Access Holdings Plc held off paying dividend for 2025 because of disapprovals—guidelines CBN enforces when a financial holding company’s ...
CBN, FRACE deepen governance framework for non-interest financial institutions
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to strengthening Shariah governance, regulatory clarity, and risk management in ...
