3 articles tagged with “CBN”
The Nigerian naira strengthened to N1,395 per US dollar in the parallel market on July 3, 2026, up from N1,403 the previous day, according to Vanguard News.
The Central Bank of Nigeria has revoked the operating licenses of 46 microfinance banks, prompting renewed calls for a comprehensive update to the sector’s regulatory framework.
The Nigeria Deposit Insurance Corporation has begun paying depositors and taking control of assets following the Central Bank of Nigeria's revocation of licenses for 46 microfinance banks.