Analysts have expressed optimism that the Central Bank of Nigeria (CBN)’s move to eliminate foreign currency-denominated collateral would significantly enhance FX liquidity, providing a positive outlook...
The naira reversed its steady gain against the American dollar on Tuesday April 16, 2024 at the official window as the domestic currency traded at N1,148/$1,...
A financial analyst, Allwell Okoroafor has urged the Central Bank of Nigeria (CBN) to stop the mass sack exercise in the apex, saying the drive is...
Countries such as Ghana, Egypt, Nigeria, and Malawi are leading the pack as among 10 countries with the highest interest rates in Africa as soaring inflation...
The Director of Financial Policy & Regulatory Department of the Central Bank of Nigeria (CBN), Haruna B. Mustafa, has provided reasons for the exclusion of retained...
The Central Bank of Nigeria (CBN) has banned the use of foreign currency-denominated collaterals for obtaining naira loans, except under specific conditions. This...
Industry analysts have expressed their satisfaction with the directives from the Central Bank of Nigeria (CBN) increasing the minimum capital base requirements for all Banks operating...
The Central Bank of Nigeria (CBN) on Thursday, March 28, 2024, unveiled new minimum capital requirements for banks, pegging the minimum capital base for commercial banks...
Financial analysts have attributed the appreciation of the naira at the foreign exchange market to forex intervention by the Central Bank of Nigeria (CBN),...
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has expressed concern over CBN’s MPR hike to 24.75%, warning of negative...
