Extends footprint to South African market Access Bank Plc on Tuesday announced that it has received the Central Bank of Nigeria’s approval-in-principle for the bank’s restructuring...
Investors at the Nigerian Stock Exchange (NSE) have continued to reap the positive effects of recent rate cut by the Central Bank of Nigeria (CBN) which...
A report by the Central Bank of Nigeria (CBN) and the Enhancing Financial Innovation & Access has said that Nigeria is far from achieving its financial...
The Central Bank of Nigeria (CBN) has said it will pursue expansionist monetary policies to save the country from economic headwinds and combat recession. God Emefiele,...
Amid free-falling foreign exchange reserves in it’s vault, the central Bank of Nigeria (CBN) has banned transfer of foreign exchange (forex) from one customer to another....
CENTRAL BANK OF NIGERIA COMMUNIQUÉ NO. 132 OF THE MONETARY POLICY COMMITTEE MEETING HELD ON 21st AND 22nd SEPTEMBER 2020 The Monetary Policy Committee (MPC) met...
The domestic stock market swang northward to close activities on a positive note on Tuesday in a move described by experts as a response to monetary...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to reduce the Monetary Policy Rate (MPR) by 100 basis points from...
By NOVA Merchant Bank Summary At its meeting in July, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria elected to maintain status quo...
The Central Bank of Nigeria (CBN) has highlighted factors capable of tempering the expected impact of efforts put in place by the federal government to revive...
The Central Bank of Nigeria (CBN), on Tuesday, directed banks operating in the country to furnish it with all domiciliary accounts statements linked to the Bank...
The Central Bank of Nigeria has announced the date for the next meeting of its Monetary Policy Committee. In a circular obtained by Business Metrics from...
The federal government of Nigeria is working to create at 1.5 million construction jobs and 1 million supply jobs in the next five years via a...
The federal government of Nigeria has launched an initiative as part of the Economic Sustainability Plan (ESP) to achieve the roll out of 5 million new...
Bayo Olugbemi, the president and council chairman of the Chartered Institute of Bankers of Nigeria (CIBN) has said bankers have critical roles to play in achieving...
Despite the lockdown introduced by the Federal Government to contain the COVID-19 pandemic spread, top 10 exporters in Nigeria have earned $74.78 million from export proceeds...
Four days after the Central Bank of Nigeria (CBN) had resumed partial sales of dollar to Bureau De Change (BDC) operators in the country, the local...
the CBN in a circular freezes 38 companies' account over alleged sharp practices which are currently being investigated by the EFCC and other concerned authorities.
Experts and financial analysts at FBNQuest have dissected the implications of the recent policy by the Central Bank of Nigerian to slash interest rate on savings...
Increased liquidity in the banking sector has continued to raise the lending institutions’ capacity to increase credit to the economy. The Deposit Money Banks and merchant...
