Nigeria Anticipates Interest Rate Decision at CBN MPC Meeting with Focus on Shonubi
As economic uncertainty looms over Nigeria, all eyes are on the acting Central Bank of Nigeria (CBN) Governor, Fola Shonubi, ...
Tag: CBN
CBN Rolls Out N187.11 Billion Treasury Bills in Primary Market Auction.
The Central Bank of Nigeria (CBN) recently conducted its Primary Market Auction (PMA) for Treasury Bills, issuing maturing bills worth ...
LCCI Urges CBN to Remove Forex Restrictions on 43 Products.
The Lagos Chamber of Commerce and Industry (LCCI) has called on the Central Bank of Nigeria (CBN) to eliminate foreign ...
CBN Revises Cash Reserve Ratio for Merchant Banks, Slashing it to 10%
In a move aimed at stimulating economic growth, the Central Bank of Nigeria (CBN) announced on Friday its decision to ...
CBN Mandates Approval from Central Bank for Acquiring 5% Stake in Nigerian Banks
In a bid to enhance corporate governance and safeguard the interests of shareholders in Nigerian banks, the Central Bank of ...
BDC Operators Call for Increased Participation in Nigeria’s Foreign Exchange Market.
Bureau de Change (BDC) operators in Nigeria are advocating for greater involvement in the foreign exchange market to ensure the ...
CBN Allows Oil Companies to Resume Dollar Sales to Banks in Effort to Boost Supply.
The Central Bank of Nigeria (CBN) has given International Oil Companies (IOCs) the green light to resume the sale of ...
Unravelling PND abuse in Nigeria’s banking system.
In his inaugural speech, President Bola Tinubu mentioned that monetary policy needed thorough ‘housecleaning’. Since then, Godwin Emefiele has been ...
CBN, NSA exposed $616m deals Raise Concerns of Opaque Dealings.
In a revelation that sheds light on the opaque dealings of the Central Bank of Nigeria (CBN) under the recently ...
Analyzing Nigeria’s Money Supply: Money Supply drops, as currency in circulation rises by 6.32%
Money supply, also known as M3, decreased by 0.43 percent in May 2023 according to the Central Bank of Nigeria ...
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