Tag: Central Bank of Nigeria
Refund Failed ATM Transactions Within 48 Hours, CBN Orders Banks
In a decisive move to strengthen consumer protection and rebuild public confidence in Nigeria’s financial system, the Central Bank of Nigeria (CBN) has ordered...
We Are Still Committed To Nigeria’s Monetary Stability – CBN
The Central Bank of Nigeria has assured Nigerians that its ongoing policies and reforms are targeted at restoring price and monetary stability amid rising...
How Policy Missteps Weigh Down Nigeria’s Fragile Banking Giants By Blaise...
Nigeria’s banking sector has always stood at the center of the nation’s economic hopes. Yet, instead of fueling growth and wealth creation, the sector...
We Are Now More Committed To Provision Of Clean Naira Notes...
The Central Bank of Nigeria has reaffirmed its commitment to ensuring the availability of clean currency notes with the right mix.
The CBN also encouraged...
Nigeria At 65: A Nation Still Waiting For A Banking Revolution...
Sixty-five years after independence, Nigeria’s banking sector boasts towering profits and continental reach. Yet behind the glossy numbers lies a sobering truth: banks remain...
Nigeria’s Banking Woes: How One South African Bank Outvalues An Entire...
It is a sobering reality that one South African bank, Standard Bank Group, has a market capitalisation of roughly ZAR 384.34 billion (about $21-22...
High Expectations As Shareholders Approve Unity Bank, Providus Bank Merger
Shareholders of Unity Bank Plc and Providus Bank Limited have approved the merger of the two banks, paving the way for the completion of...
CBN’s Rate Cut: A Lifeline Or Just A Whisper For Nigerian...
The Central Bank of Nigeria (CBN), at its 302nd Monetary Policy Committee (MPC) meeting today, announced a modest cut in the Monetary Policy Rate...
CBN Eyes Rate Cut: What Lower Borrowing Costs Could Mean for...
As the Central Bank of Nigeria’s Monetary Policy Committee (MPC) meets on Monday, anticipation is running high.
For the first time in nearly two...
CBN In Fresh Moves To Battle Financial Crime, Establishes New Unit
The Central Bank of Nigeria has announced the creation of a dedicated Compliance Department aimed at enhancing oversight of non-prudential risks across the country’s...
