Central Bank of Nigeria
CBN eyes rate cut: What lower borrowing costs could mean for SMEs, households
As the Central Bank of Nigeria’s Monetary Policy Committee (MPC) meets on Monday, anticipation is running high. For the first time in nearly...
IMF endorses Nigeria’s reform path as recovery deepens
By Joan Chioma Obinagwam The International Monetary Fund’s (IMF) latest Article IV Consultation highlights a turning point for Nigeria’s economy. Years of instability...
SEC highlights dangers of Ponzi schemes, advocates for investor awareness and protection
By Chioma Obinagwam The Securities and Exchange Commission (SEC) has issued a fresh alert on the dangers of Ponzi schemes, emphasizing their severe...
Nigerian Money Market sees liquidity boost as OVN rate dips
Nigeria’s overnight (OVN) rate fell by 4 basis points week-on-week to 26.9%, driven by significant inflows from Open Market Operation (OMO) maturities worth...
‘Nigerian banking sector remains resilient, safe and sound,’ CBN affirms
By Chioma Obinagwam Nigeria’s apex bank, the Central Bank of Nigeria (CBN), has addressed recent misleading publications and social media reports about a...
CBN warns against fraudulent offers disguised as genuine deals
By Chioma Obinagwam The Central Bank of Nigeria (CBN), Nigeria’s apex bank, has issued another warning regarding fraudulent claims and fictitious contracts allegedly...
Lawmakers: AMCON cannot end operations without resolving N4trn Debt
By Chioma Obinagwam The Chairman, House of Representatives Committee on Banking & Ancillary Institutions, Honourable Eze Nwachukwu Eze; Thursday at the Royal Institute...
“We’re not turning back,” CBN governor Cardoso reaffirms resolve to restore confidence in bank
By Chioma Obinagwam The Governor of Nigeria’s apex bank, the Central Bank (CBN), Olayemi Cardoso, has reiterated its commitment to restore confidence in...
