CBN

CBN Deputy Governor, Emem Usoro, Loses Mother

April 30, (THEWILL) – Emem Usoro, Deputy Governor of the Central Bank of Nigeria (CBN) has lost her mother, Mrs. Eno Nnana Usoro, who passed away peacefully in Abuja. She was 78. Born on June 30, 1946, Mrs. Usoro’s death...

CBN Announces New Guidelines On Pan African Payments Operation, Settlement System In Nigeria

April 28, (THEWILL) – The Central Bank of Nigeria (CBN) has announced a significant review of the documentation requirements for transactions conducted through the Pan-African Payment & Settlement System (PAPSS) in Nigeria. A statement by CBN Acting Director, Corporate Communications,...

CBN Leads Financial Dialogue With JP Morgan, NGX, Others In New York As Cardoso Reaffirms Commitment To Credibility, Transparency

April 20, (THEWILL) – The Central Bank of Nigeria (CBN), in collaboration with J.P. Morgan, the Nigerian Exchange Group (NGX) and Africa Private Capital Association (AVCA), on Thursday, April 17, 2025, hosted a high-profile global forum at Nasdaq MarketSite...

Bank Recapitalisation Will Build Nigeria’s $1trn Economy — CBN

April 15, (THEWILL) – The Deputy Governor, Corporate Services, Central Bank of Nigeria (CBN), Emem Usoro, has said the bank recapitalisation exercise being implemented by the apex bank is a critical step towards achieving Nigeria’s ambition of building a...

BIPC Would Take Advantage Of Idle Funds At CBN For Housing Development – MD

April 11, (THEWILL) – Benue Investment and Property Company Limited (BIPC) has expressed its readiness to take advantage of idle funds at the Central Bank of Nigeria for housing development in the state. This is just as it is planning...

Nigeria Records $6.83bn Balance Of Payments Surplus In 2024 As Net Financial Assets Hit $12.12bn – CBN

April 09, (THEWILL) – The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for the 2024 financial year, marking a decisive turnaround from deficits of $3.34 billion in 2023 and $3.32...

CBN Boosts FX Market With $197.71m

April 05, (THEWILL) – The Central Bank of Nigeria (CBN) has injected $197.71 million to boost market liquidity and stability in the foreign exchange market. A statement signed by Omolara Omotunde Duke, Director, Financial Markets Department, said the measure...

Fake News: No Plan To Introduce N5,000, N10,000 Banknotes – CBN

April 03, (THEWILL) – The Central Bank of Nigeria has debunked reports suggesting plans to introduce N5,000 and N10,000 banknotes, describing them as false and misleading. The apex bank’s response follows the circulation of misinformation alleging that the CBN intends...

Net Foreign Exchange Reserve Hits 3-Year High Of $23.11bn – CBN

April 01, (THEWILL) – The Central Bank of Nigeria (CBN) has reported a substantial improvement in its Net Foreign Exchange Reserve (NFER) position, reflecting a substantial improvement in the country’s external liquidity, reduced short-term obligations, and renewed investor confidence. A...

IWD 2025: CBN Deputy Gov Calls For Greater Financial Inclusion For Women, Underserved Groups

March 13, (THEWILL) – The Deputy Governor, Corporate Services Directorate of the Central Bank of Nigeria (CBN), Ms. Emem Usoro, has reiterated the Bank’s commitment to bold, data-driven policies aimed at expanding financial access, driving investment, and fostering a...
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UEFA Refuses To End FIFA World Cup Boycott Despite Infantino’s U-Turn

UEFA has confirmed it will continue its boycott of FIFA's men's and women's World Cups despite Gianni Infantino...
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