Tag: Central Bank of Nigeria
Nigeria’s FX reserves settle higher as Naira value tumbles 457 bps...
SAT MAY 04 2024-theGBJournal|The value of the Naira to the dollar weakened by 457 bps week-on-week to print at N1,400.40/USD this week at the...
Walking a Tightrope: Can the CBN regulate and collaborate in Nigeria’s...
...As fintech disrupts traditional paradigms and reshapes the financial services system, questions arise about the CBN's solitary position as the primary regulatory authority in...
Busy schedule for Finance Minister, Edun and CBN Governor Cardoso at...
...Governor Cardoso also held insightful bilateral conversations with World Bank Group President, Ajay Banga
WED APRIL 17 2024-theGBJournal|Nigeria is participating in a number of meetings...
Economic challenges, CBN and reconstruction policies
...The challenges of the economy are diverse and demands critical and surgical interventions for reconstruction
By Arize Nwobu
WED APRIL 17 2024-theGBJournal|Economic reconstruction is defined as...
CBN bans banks from using foreign currency denominated collaterals for Naira...
MON APRIL 08 2024-theGBJournal| The Central Bank of Nigeria (CBN) Monday banned bank customers from using foreign currency as collaterals for Naira loans, another...
Central Bank of Nigeria sells forex at N11O1/$1 to BDCs
MON APRIL 08 2024-theGBJournal| The Central Bank of Nigeria (CBN) Monday sold $10, 000 to Bureau de Change (BDCs) operators at the rate of...
Implications of the proposed recapitalization of Nigerian banks
...The proposed recapitalization of banks should be done in a manner that would minimize shocks and disruptions to the banking system and the economy...
Markets Wrap| Bonds yield rises 15bps to 19.4% as investors evaluated...
FRI, MAR 29 2024-theGBJournal| Nigeria's treasury bonds secondary market were subdued for most of the week, as investors evaluated the MPC’s hawkish stance and...
CBN raises minimum capital requirements for commercial, merchant and non-interest banks
FRI, MAR 29 2024-theGBJournal| The Central Bank of Nigeria (CBN) has raised the minimum capital requirements for commercial, merchant and non-interest banks in the...
Nigeria’s Central Bank hikes interest rate by 200bps to 24.75%, its...
TUE, MAR 26 2024-theGBJournal| The Central Bank of Nigeria (CBN) raised monetary policy rates (MPR) by 200bps to 24.75% (Previously: 22.75%) at the end...
