•House of Representatives The House of Representatives has ordered the Central Bank of Nigeria (CBN) to remit N3.64 trillion to the federal government within 14 days, representing 70 percent of the apex bank’s N5.2 trillion outstanding operating surplus for the years 2016 to 2022. The directive followed a hearing held by a Joint Committee of [...
•Central Bank of Nigeria headquarters, Abuja The Bank Customers Association of Nigeria has revealed that it has written to the Central Bank of Nigeria about the charges being deducted from customers’ accounts. This was disclosed by the president of BCAN, Uju Ogubunka, yesterday at the 2025 Artificial Intelligence conference organised by SuperN...
•Central Bank of Nigeria (CBN) The Central Bank of Nigeria (CBN) has introduced temporary restrictions on the payment of dividends and bonuses by a small group of banks as part of its broader strategy to strengthen the financial sector. The measure, which targets institutions, which the CBN did not name, still recovering from the effects [&hel...
The House of Representatives yesterday resumed investigation into the utilisation of the sum of N1.12 trillion disbursed by the Central Bank of Nigeria (CBN) through the Anchor Borrowers Programme (ABP) to farmers across the country. Chairman, House Committee on Nutrition and Food Security, Hon. Chike Okafor, who spoke during the hearing in Ab...
•Governor Umo Eno and CBN governor, Olayemi Cardoso Akwa Ibom State governor, Pastor Umo Eno, has commended the management of the Central Bank of Nigeria (CBN) for its strategic policies and efforts to stabilise the Naira and turn around the country’s economy for the better. Pastor Eno made the commendation as a Special Guest at […]
•CBN Governor, Olayemi Cardoso The Central Bank of Nigeria’s Monetary Policy Committee has retained all economic parameters from the first quarter, including the interest rate at 27.50 per cent The announcement was made by the CBN Governor, Olayemi Cardoso, after the committee’s meeting held yesterday and today, reports Channels TV. The commit...
•Bank Verification Number (BVN) The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), has launched the Non-Resident Bank Verification Number (NRBVN) platform for Nigerians in diaspora. Launched yesterday, the innovative digital gateway, which is projected to actualise the CBN’s $1 billion mo...
•Former President Muhammadu Buhari House of Representatives is probing the Central Bank of Nigeria (CBN) and relevant ministries, departments and agencies (MDAs) on the disbursement of about N1.12 trillion through the Anchor Borrowers Programme (ABP). Chairman of the House Committee on Nutrition and Food Security, Chike Okafor, who spoke at th...
•Naira notes The naira depreciated by 2.4 per cent and 2.6 per cent in March at both the Nigerian Autonomous Foreign Exchange Market window and the parallel market compared to the previous month. According to the latest Afrinvest Monthly Market Report titled, ‘Analysing Global and Nigerian Economies & Financial Markets’, the naira dropped ...
Depositors with N5 million and above in the recently revoked Heritage Bank have called on the National Assembly to urgently intervene in their plight, urging the Central Bank of Nigeria (CBN) to reconsider its decision. Many of the affected customers said they have been thrown into severe financial distress, with their businesses and livelihoo...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
© 2026 The Frontier, Published by Okims Media Links Limited.
designed by winnet services
