Dollar Naira Exchange Rate 2026
As of April 17, 2026, the dollar to naira exchange rate reflects notable shifts in Nigeria's economy. The naira shows signs of improvement against the dollar.
Union Bank of Nigeria Faces Major Overhaul Following Central Bank Intervention
The Central Bank of Nigeria has dissolved the board and management of Union Bank due to serious financial irregularities, prompting a major restructuring.
Flutterwave Nigerian Banking License: A New Era for Financial Services in Nigeria
Flutterwave has secured a banking license from the Central Bank of Nigeria, enabling it to operate as a full-fledged financial institution.
CBN Nigerian Banks Recapitalisation
The Central Bank of Nigeria's recapitalisation programme has successfully raised N4.65 trillion, significantly strengthening the banking sector.
Central Bank Reforms in Nigeria: A Shift in Monetary Policy
Nigeria's central bank has undergone significant reforms to stabilize the economy, addressing inflation and currency challenges.
Stake: Odu’a Investment Company Limited Acquires in FCMB Pensions Limited
Odu’a Investment Company Limited has acquired a 10% minority equity stake in FCMB Pensions Limited, receiving necessary regulatory approvals.
Union Bank Court Ruling: Court Restores Former Board
A federal high court in Lagos has ordered the restoration of Union Bank's former board, challenging the Central Bank's authority in the matter.
CBN Union Bank: Court Ruling Restores Former Board
A Federal High Court ruling has restored the former board of Union Bank, reversing the Central Bank of Nigeria's actions that dissolved it.
Stake: Odu’a Investment Company Limited Acquires 10% in FCMB Pensions Limited
Odu’a Investment Company Limited has acquired a 10% minority equity stake in FCMB Pensions Limited, receiving necessary regulatory approvals.
Union Bank
A recent court ruling has reinstated Union Bank's former board, overturning the Central Bank of Nigeria's previous actions.