The naira is poised to maintain its upward trajectory against the US dollar, propelled by the recent decision of the Central Bank of Nigeria (CBN) to...
By Sodiq Adelakun A race for funding has commen-ced among commercial and merchant banks as the Central Bank of Nigeria (CBN) mandates a capitalisation surge, leaving...
…Says inflationary challenges drive endorsement of bank recapitalisation … Non-Performing loans remain below threshold, reflecting positive bank performance — CBN …Expresses concern over high interest rate...
The founder of the Centre for the Promotion of Private Enterprise (CPPE), Dr Muda Yusuf, has said the upward adjustment of capital requirements for banks will...
The Central Bank of Nigeria (CBN) is focused on achieving the ambitious goal of Nigeria’s economy attaining Gross Domestic Product (GDP) of $1 trillion by 2030...
…Nigeria implements key reforms to stabilise FX marke By Sodiq Adelakun Naira has continued in its upward trajectory, appreciating against the US dollar as it is...
The Central Bank of Nigeria has issued a new directive on the recapitalisation of the capital base of banks in the country raising the minimum capital...
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has raised apprehensions regarding the Central Bank of Nigeria’s decision to increase the Monetary...
In response to growing investor demand for attractive yields, the Central Bank of Nigeria (CBN) has announced a significant increase in its benchmark interest rate. Following...
In an unwavering move to address mounting inflationary pressures and stabilise exchange rates, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) announced...