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Circular on Introduction of Market Structure Requirement, Data Localisation, Ultimate Beneficial Ownership Disclosure, and Systemic Oversight Measures in the Nigeria Payments System

This is a circular issued by the Central Bank of Nigeria (CBN) on June 15, 2026, introducing new regulatory measures for the Nigerian payments system. The document addresses four k...

CBN Removal of Cash Pooling Requirement for International Oil

The Central Bank of Nigeria (CBN) has issued a circular on March 25, 2026, removing the cash pooling requirement for International Oil Companies (IOCs). Previously, in 2024, CBN al...

Letter to all Banks and Select OFIs on the deployment of the CSAT - final

The Central Bank of Nigeria (CBN) issued a letter to banks, selected other financial institutions (OFIs), and payment service providers (PSPs) regarding the deployment of the Cyber...

Revised Implementation Timeline and Enforcement on POS GEO-Fencing

This circular from the Central Bank of Nigeria (CBN) announces revisions to the implementation timeline and enforcement of POS geo-fencing requirements. The CBN has increased the g...

2026 Appropriation Bill Details

The document is the 2026 Appropriation Bill of the Federal Government of Nigeria, presented as a summary of expenditures by Ministries, Departments, and Agencies (MDAs). It lists 3...

CBN Press Release on Banking Recapitalisation April 12

The Central Bank of Nigeria (CBN) announced the successful conclusion of its banking sector recapitalisation programme initiated in March 2024. Over 24 months, Nigerian banks raise...

2026 Appropriation Bill

The document is the Appropriation Bill 2026 of Nigeria, authorizing the total sum of N58,472,628,944,759 from the Consolidated Revenue Fund for the fiscal year ending December 31,...

CBN Speech, The Next Stage of Reform, Institutionalising change in Nigeria

This document is a speech delivered by Charles C. Soludo, Governor of the Central Bank of Nigeria, at the Economist Second Business Roundtable with the Government of Nigeria on Jan...

Towards a New Monetary Authority and Financial System, CBN Interim Progress Report

The document is an interim progress report by Charles C. Soludo, Governor of the Central Bank of Nigeria (CBN), delivered on December 21, 2005, titled 'Towards a New Monetary Autho...

Update on CBN and Reforms BY CHARLES C. SOLUDO

The document is a presentation by Charles C. Soludo, Governor of the Central Bank of Nigeria (CBN), delivered on May 17, 2006. It provides an update on reforms and activities of th...

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