Naira stabilisation against dollar strengthens as liquidity improves, CBN reforms take effect and parallel market gap narrows in forex market
CBN bank recapitalisation sees 32 banks meet new capital rules as reforms boost stability, reserves, and investor confidence
CBN IOCs forex repatriation approved, granting oil companies full access to export earnings and boosting liquidity in Nigeria’s FX market
CBN confirms Union Bank stability and soundness following Lagos court ruling, assuring depositors and investors of financial security
Heritage Bank depositors urge CBN and NDIC to accelerate liquidation payments, citing hardship and erosion of trust in Nigeria’s banking system
Union Bank board reinstatement ordered as court rules CBN acted unlawfully, nullifying intervention and restoring former management
CBN governor Olayemi Cardoso says Nigeria economic reforms have strengthened stability, FX market, and investor confidence at Africa Capital Forum in London
The Central Bank of Nigeria has increased its gold holdings to $3.5bn after receiving locally sourced gold refined to LBMA standards, strengthening the country’s foreign reserves
Nigeria’s net foreign reserves rise to $34.8 billion in 2025, reflecting stronger external buffers and enhanced foreign exchange management
Nigeria banking recapitalisation update: 13 banks rush to meet CBN capital requirements as March 31 deadline approaches, raising merger and consolidation prospects
