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SERAP sues CBN over alleged missing N3trn

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•SERAP has initiated legal action against the Central Bank of Nigeria in a Nigerian court.
•The lawsuit concerns an alleged N3 trillion in public funds that SERAP claims are missing or unaccounted for.
•SERAP is asking the court to compel the CBN to account for and disclose information on the N3 trillion public funds.
•Multiple Nigerian media outlets, including ThisDay, Punch, Premium Times, and Vanguard, reported the filing of the lawsuit on 15 February 2026.
•The case frames the issue as one of transparency and accountability in the management of Nigerian public funds by the CBN.

Qué Podría Pasar Si...

▸If the court orders the CBN to provide a detailed account of the N3 trillion public funds The CBN may face increased operational scrutiny and could be required to disclose additional financial data, affecting perceptions of Nigeria’s monetary and fiscal governance.

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Exposición de Mercado

DivisaNGN/USDMayor Volatilidad

If the lawsuit heightens concerns about transparency in Nigeria’s public finances, the naira could experience increased volatility against the US dollar due to shifting risk perceptions.