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Tag: cbn

Will the CBN’s Rate Hike Derail Nigeria’s Market Rally?

Africa Warsha De Silva -
Africa (Commonwealth Union) _The Nigerian stock market faced a significant setback, shedding N209 billion in market capitalization on Wednesday...

CBN plans to double Nigerian diaspora remittance

Commonwealth Diaspora Warsha De Silva -
Diaspora (Commonwealth Union) _ The Central Bank of Nigeria (CBN) has announced an ambitious plan to double diaspora remittance...

Will the SEC and SON market standards enhance the world market?

Africa Warsha De Silva -
Africa ( Commonwealth Union ) _ The Securities and Exchange Commission (SEC) has announced a collaboration with the Standard...

Clipping the Wings of CBN

Africa admin -
NIGERIA (Commonwealth Union) – It doesn’t come as a surprise that a central bank in any country is under...

CBN to tackle forex fraud

Savings & Money News Veronica Elishya -
ABUJA (CU)_In late-July, following the monthly Monetary Policy Committee (MPC) meeting in Abuja, the Governor of the Central Bank...

CBN dismisses speculations

Savings & Money News Veronica Elishya -
ABUJA (CU)_Late last month, the Central Bank of Nigeria (CBN) decided to entirely cease forex sales to Bureau De...
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Nigerian manufacturers Back CBN’s new policy shift

Manufacturing and Production News Veronica Elishya -
ABUJA (CU)_ Following the July 2021 Monetary Policy Committee (MPC) meeting last week, the Governor of the Central Bank...

Central Bank of Nigeria launches major policy shift following MPC meeting

Savings & Money News Michael Alfonsia -
ABUJA (CU)_Following the July 2021 Monetary Policy Committee (MPC) meeting in Abuja, the Governor of the Central Bank of...

CBN stepping up to tackle 22m housing deficit

Insurance & Mortgages News Michael Alfonsia -
ABUJA (CU)_As Nigeria's economy continue to report improvement from the downturn experienced during the COVID-19 pandemic, experts believe that...

CBN to offer a digital currency?

Savings & Money News Michael Alfonsia -
ABUJA (CU)_Over the recent past there has been growing interest in cryptocurrencies, among investors, analysts, industry experts, as well...

CBN shuts down 42 microfinance banks, NDIC to liquidate them

Africa Michael Alfonsia -
By Bronson Jayamanna NIGERIA (CWBN)_ The Central Bank of Nigeria (CBN) recently suspended the operating licenses of 42 microfinance banks...

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