Weekly Newsletter
Excepteur sint occaecat cupidatat non proident
Olayemi Cardoso
Cash distribution policy: CBN fines First Bank, Zenith Bank, seven others N150m each
By Chioma Obinagwam Nigeria’s apex bank, the Central Bank of Nigeria (CBN), has fined nine Deposit Money Banks(DMB) N150 million each for failing...
‘Some policies may seem stringent, but they are essential for long-term,’ Cardoso explains
By Chioma Obinagwam The governor of Nigeria’s apex bank, Olayemi Cardoso, has explained why the CBN has maintained stringent policies. Confiance News...
Why CBN banned use of foreign currency as collateral for Naira loans
By Chioma Obinagwam The Central Bank of Nigeria—the apex of Nigeria has instructed all Nigerian banks to stop accepting foreign currencies as...
Why Central Bank of Nigeria increased minimum capital requirements for banks
By Chioma Obinagwam Nigeria’s apex bank, the Central Bank of Nigeria (CBN), had announced increased minimum capital requirements for banks. According...
Why Central Bank of Nigeria allocated 2.15m bags of fertiliser to Ministry
By Chioma Obinagwam Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has announced the allocation of 2.15 million bags of fertiliser, valued...
Expert reveals how interest rate, inflation, others will shape Nigeria’s economic growth in 2024
By Chioma Obinagwam A Pan-African Credit Rating Agency Agusto & Co. has identified three major economic variables that are likely to have overarching...
