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    Kapital FM 92.9 The Station that Rocks!

CBN

26 Results / Page 1 of 3
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Africa

Experts Seek Stronger Fiscal Measures To Complement CBN’s Policies

The Central Bank of Nigeria, CBN, has been urged to introduce more business-friendly policies aimed at easing the challenges of doing business and addressing the prevailing economic hardship in the country. The call was made by guests on Perspectives, a current affairs programme on Kapital FM, Abuja, during a discussion on the topic: “Will the Current CBN Monetary Policy Ease Nigerians’ Economic Challenges?” A Lecturer in the Department of Accounting […]

todayMay 25, 2026

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General

CBN Warns Nigerians Against Fake Messages, Cyber Hack Attempts

‎The Central Bank of Nigeria has alerted the public to the circulation of fraudulent messages and online communications falsely claiming to originate from the Bank, describing them as attempts to mislead and defraud unsuspecting Nigerians. ‎ ‎In a statement by the Acting Director Corporate Communications Department, Hakama Sidi-Ali, the apex bank says the fake messages, emails, and websites are designed to trick recipients into clicking malicious links, spreading false information […]

todayApril 22, 2026

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Featured

A/Court Dismisses CBN, ABU Bid To Stop N2.5Bn Payment To illegally Sacked Workers

The Court of Appeal in Abuja on Friday dismissed the fresh bids by the Central Bank of Nigeria (CBN) and Ahmadu Bello University (ABU) to stop the implementation of N2.5Bn debt judgment against the University and in favour of the 110 ABU workers unlawfully sacked in 1996. The Appellate Court in two separate unanimous judgments of 3- member panel of Justices, ordered CBN to immediately release the N2.5Bn to the […]

todayFebruary 6, 2026

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Economy

Reps Give CBN Deadline To Resolve Revenue Dispute

The House of Representatives has given the Central Bank of Nigeria an ultimatum to complete an ongoing reconciliation with the Ministry of Finance and the Fiscal Responsibility Commission over alleged unremitted revenue to the federal government. The House Committee on Public Accounts issued the directive after the central bank asked for more time to appear before lawmakers, following a resolution summoning its governor. Chairman of the committee, Bamidele Salam said […]

todayDecember 16, 2025

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Economics

‎CBN Revokes Licences Of Aso Savings, Union Homes To Strengthen Mortgage Sub-Sector ‎

The Central Bank of Nigeria, CBN, has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc as part of efforts to reposition the mortgage banking sub-sector and enforce regulatory compliance. ‎ A statement by the Acting Director Corporate Communications Department of the Central Bank of Nigeria, Mrs Hakama Sidi Ali, notes that the revocation followed persistent violations of extant laws and regulatory […]

todayDecember 16, 2025

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Economy

CBN, NDIC Pledge Deeper Collaboration To Safeguard Financial System

  The Governor, Central Bank of Nigeria, CBN, Mr. Olayemi Cardoso, has congratulated the newly appointed Managing Director/Chief Executive Officer of the Nigeria Deposit Insurance Corporation, NDIC, Mr. Thompson Sunday and the Executive Director Operations, Dr. Kabir Katata, on their appointments. The CBN Governor expressed optimism for stronger collaboration between the two institutions during a courtesy visit by the NDIC management team to the CBN headquarters in Abuja. Cardoso described […]

todayAugust 7, 2025

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Economics

CBN Clarifies $50 NRBVN Fee For Diaspora Nigerians

The Central Bank of Nigeria (CBN) has formally addressed recent public concerns and misinformation regarding charges associated with the newly introduced Non-Resident Bank Verification Number (NRBVN) platform. In a statement released on Friday, July 4, 2025, the Bank clarifies that no hidden fees are being imposed and emphasized that Bank Verification Number (BVN) registration for Nigerians residing within the country remains entirely free of charge. This clarification follows social media […]

todayJuly 7, 2025

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Business

Judgment: CBN Assures Depositors Of Keystone Bank’s Stability

The Central Bank of Nigeria has assured the public that Keystone Bank Limited remains stable and fully operational despite a court order forfeiting the bank’s shares to the Federal Government. In a statement issued on Friday, the CBN’s acting Director of Corporate Communications, Hakama Sidi Ali, acknowledged concerns over the development but maintained that there was no cause for alarm. She stated that the stability of the banking sector and […]

todayFebruary 14, 2025

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Economy

CBN Revokes Heritage Bank’s Licence

The Central Bank of Nigeria has revoked the banking licence of Heritage Bank Plc, effective immediately. This decision was made due to the bank’s failure to improve its financial performance, posing a threat to financial stability. The apex bank’s Acting Director of Corporate Communication Department, Sidi Ali, disclosed this in a statement on Monday. According to the CBN, the bank’s management has been unable to stem the decline despite various […]

todayJune 3, 2024