Tag: CBN

CBN’s New Capital Rules: Fresh Banks Must Comply Immediately, Existing Banks Given Two Years

The Central Bank of Nigeria (CBN) has issued a clear directive regarding…

Genesis Obong

FG Forms Economic Task Force to Counter US Tariff Impacts, Oil Price Drop

The Nigeria Federal Government has formed a specialized subcommittee to meticulously assess…

Genesis Obong

Naira Stability and Rising Reserves: How Nigeria’s FX Reforms Impact Citizens

Nigeria's recent foreign exchange (FX) reforms are beginning to show tangible effects,…

Genesis Obong

Inflation Fight: CBN’s Tight Monetary Policy and Its Impact on Nigerian Consumers

The Central Bank of Nigeria's (CBN) aggressive monetary policy, characterized by significant…

Genesis Obong

Naira’s Recent Dip ‘Reasonable’ Amidst Global Market Turmoil, Says JP Morgan

Despite a recent dip in the Nigerian Naira against the US dollar,…

Genesis Obong

Nigeria Achieves $6.83 Billion Balance of Payments Surplus

The Central Bank of Nigeria (CBN) has announced a substantial economic recovery…

Oluwadara Akingbohungbe

Nigeria’s Personal Remittances Surge to $20.93 Billion in 2024, CBN Reports

The Central Bank of Nigeria (CBN) has announced that personal remittances into…

Genesis Obong

Nigeria’s Economic Turnaround: $6.83 Billion Surplus Signals Reform Success

Nigeria's financial landscape has experienced a significant shift, with the nation recording…

Genesis Obong