Tag: Central Bank of Nigeria
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...
We Plan To Raise Our Capital Base To ₦100bn In 2026...
Vibrant financial institution, Jaiz Bank Plc has announced plans to raise its capital base to a minimum of ₦100 billion within the next one...
CBN To Nigerians: Report Banks Supplying Naira Notes To Sellers At...
The Central Bank of Nigeria(CBN) has challenged Nigerians to join the fight against hawking or selling of new naira notes at parties and other...
How Nigeria’s Foreign Direct Investments Crashed By 70% In Three Months
Foreign Direct Investments into Nigeria dropped sharply by 70.06 per cent quarter-on-quarter to $126.29m in the first quarter of 2025, down from $421.88m recorded...
CBN’s Anchor Borrowers’ Program Not Impactful – Nigerian Farmers
The National President of the All Farmers Association of Nigeria, Kabir Kebram, has described the Central Bank of Nigeria’s Anchor Borrowers’ Programme as a...
CBN Identifies Why Interest Rate Remains High
The Central Bank of Nigeria has explained why interest rates remain elevated, insisting that the monetary policy stance reflects not just a fight against...
