Central Bank of Nigeria News

CBN Governor Promises Slowdown In Interest Rate Increases

CBN Announces Measures To Tackle Inflation As Reforms Attract $24bn Inflow

Inflation Pressure Eases Due to Central Bank Policies Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says inflationary pressure has started dropping, due to the central bank’s policy measures aimed

Emmanuel Ochayi

1 month ago

CBN: Strengthening Banks And The Financial System

Opinion

Why We Should Protect The Independence Of Central Bank

The Senate is currently undertaking a comprehensive amendment of the Central Bank Act of 2007, but the exercise is generating mixed reactions in the banking industry. Operators are worried that some of

Etim Etim

2 months ago

Moghalu Lists What Makes Emefiele Most Damaging CBN Governor In History

Business·Finance & Economy·Latest News

Moghalu Criticizes ‘Media Trial’ Of Godwin Emefiele, Stresses Caution Amid Fraud Allegations

Former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has stepped forward to condemn what he termed a “media trial” surrounding the allegations against ex-CBN chief Godwin Emefiele. Emefiele

Emmanuel Ochayi

7 months ago

Economic Challenges, CBN And Reconstruction Policies

Opinion

Redefining The Operations Of CBN

By Arize Nwobu The new Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso has set out a new agenda that aims to redefine the operations of the apex

Arize Nwobu

8 months ago

Finance & Economy·Latest News

CBN’s Cardoso Hints On New Recapitalisation For Nigerian Banks

The Central Bank of Nigeria (CBN) has hinted on the plan to implement a new round of banking recapitalisation for the Deposit Money Banks (DMBs). This entails commercial banks in the country

Victor Ezejaand

Admin

8 months ago

Business·Latest News·Tech News

Top 10 Nigerian Tech Startups In 2023

Nigeria’s tech startup ecosystem has continued to surge ahead, with innovation at its peak in 2023. The country’s young and tech-savvy population, combined with a growing entrepreneurial spirit, has propelled Nigerian startups

Emmanuel Ochayi

11 months ago

Business

World Bank, IMF, CBN Accused Of Sabotaging Nigeria, China Swap Deal Amid Low Utilisation

The World Bank and the International Monetary Fund (IMF) have been accused by a human rights lawyer, Femi Falana, of sabotaging the Nigeria and China swap deal. Falana said the global financial

Fakoyejo Olalekan

11 months ago

Business

CBN Reveals JP Morgan’s Intention After Report On Nigeria’s Foreign Reserves

The Central Bank of Nigeria (CBN) Director of Monetary Policy Department, Hassan Mahmud, said the report by JP Morgan on Nigeria’s foreign reserves is an attempt to mislead the public. Mahmud stated

Fakoyejo Olalekan

11 months ago

Business

Nigeria’s Foreign Reserves Drop 73.5%, Weakens CBN’s Effort To Defend Naira

Nigeria’s foreign reserves stood at $3.7 billion as of the end of 2022, JP Morgan, a US-based financial firm, has revealed. In a recently released report by JP Morgan, titled; ‘Nigeria: Reform

Fakoyejo Olalekan

11 months ago

Business

CBN To Resume Forex Sales To BDC Operators, Reveals Guidelines For Parallel Operations

The Central Bank of Nigeria (CBN) has lifted the restriction placed on the sale of foreign exchange to the Bureau De Change (BDC) operators under Godwin Emefiele. In a statement released on

Fakoyejo Olalekan

11 months ago

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CBN Announces Measures To Tackle Inflation As Reforms Attract $24bn Inflow

Why We Should Protect The Independence Of Central Bank

Moghalu Criticizes ‘Media Trial’ Of Godwin Emefiele, Stresses Caution Amid Fraud Allegations

Redefining The Operations Of CBN

CBN’s Cardoso Hints On New Recapitalisation For Nigerian Banks

Top 10 Nigerian Tech Startups In 2023

World Bank, IMF, CBN Accused Of Sabotaging Nigeria, China Swap Deal Amid Low Utilisation

CBN Reveals JP Morgan’s Intention After Report On Nigeria’s Foreign Reserves

Nigeria’s Foreign Reserves Drop 73.5%, Weakens CBN’s Effort To Defend Naira

CBN To Resume Forex Sales To BDC Operators, Reveals Guidelines For Parallel Operations

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