Tag: CBN

Currency in Circulation hits all-time-high Fueling Inflationary Pressures - The amount of money circulating within the Nigerian economy has surged by 62.66% over the past year, reaching a staggering N4.053 trillion in ...

Cardoso Proposes Urgent Monetary Reset as Naira Tumbles to 1,000/$ - In a critical response to the naira plummeting to an unprecedented low of 1,000 per US dollar on the parallel ...

Unmasking the CBN: Federal Government Prepares to Drop Investigation Bombshell - As the nation eagerly anticipates, the curtain is about to rise on the Central Bank of Nigeria's (CBN) most awaited ...

CPPE Urges New CBN Governor to Prioritize Clearing Forex Backlog - The Centre for the Promotion of Private Enterprise (CPPE) has strongly recommended that Olayemi Cardoso, the freshly appointed Governor of ...

Naira's Record Plunge: CBN Postpones Rate Decision Amidst Policy Vacuum - Nigeria's currency, the naira, has hit an alarming low, depreciating to a record 1,050 per dollar on the parallel market. ...

CBN's Monetary Policy Committee Meeting Delayed Again - For only the second time ever, the Central Bank of Nigeria (CBN) has postponed its much-anticipated Monetary Policy Committee (MPC) meeting. The announcement ...

The Central Bank of Nigeria in Turmoil: Can Yemi Cardoso Be the Beacon of Hope?  - Change is in the air. Recent developments at the Central Bank of Nigeria (CBN) have ...

Central Bank of Nigeria Modernizes Microfinance Bank Licensing with Digital Platform - In an era where digital transformation is imperative, the Central Bank of Nigeria (CBN) is not left behind. The ...

The Anchor Borrowers' Programme: Time for a Rethink? - In recent times, the Central Bank of Nigeria (CBN) made headlines for its ambitious agricultural financing initiative, the Anchor Borrowers’ Programme (ABP). ...

Nigerian Banks' Profit Surge: A Win for Shareholders - Nigerian banks have given their shareholders a reason to celebrate. As per a recent analysis by BusinessDay, a surge in interim dividends ...