Naira Struggles: CBN’s Liquidity Woes and Foreign Borrowing Challenges
The Central Bank of Nigeria is facing a liquidity crisis, according to a recent report by the Economist Intelligence Unit. […]
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Naira Rescue: Economist Intelligence Unit Urges Foreign Borrowing for Stability
The Economist Intelligence Unit, a renowned global research firm, has suggested that President Bola Ahmed Tinubu’s administration should consider foreign
CBN Reports 433% Surge in Diaspora Remittances to $1.3 Billion
The Central Bank of Nigeria has reported a remarkable increase in Diaspora remittances, with a staggering 433% surge to $1.3
CBN Threatens Sanctions on Mortgage Banks for Late Regulatory Returns
The Central Bank of Nigeria has issued a stern warning to primary mortgage banks, Microfinance Banks, and Development Finance Institutions
Central Bank of Nigeria Governor Olayemi Cardoso’s Economic Reforms
Since taking office in October 2023, Central Bank of Nigeria Governor, Olayemi Cardoso, has been implementing various reforms to stabilize
Unlicensed Binance Faces Regulatory Scrutiny in Nigeria: SiBan President Disputes CBN’s $26 Billion Claim
Binance, a popular cryptocurrency platform, is currently facing regulatory issues in Nigeria. Obinna Iwuno, the President of the Stakeholders in
Edo State Governor Criticizes CBN’s Decision to Raise Monetary Policy Rate
In a recent speech at the Annual Dinner of the Edo Zone Bankers Committee in Benin City, Governor Godwin Obaseki
CBN Sells N1.053 Trillion in Government Securities, Gains Investor Confidence
The Central Bank of Nigeria (CBN) has successfully completed the sale of government securities, issuing a whopping N1.053 Trillion ($680