The Central Bank of Nigeria (CBN) has reiterated the need for further recapitalization of banks to bolster the nation’s financial stability. CBN Governor, Dr. Olayemi Cardoso,...
Aliko Dangote, Chairman of the Dangote Group, has openly criticized the recent interest rate hike by the Central Bank of Nigeria (CBN), which has nearly reached...
The Central Bank of Nigeria (CBN) is setting a high bar for the ongoing bank recapitalisation process, ensuring that only the strongest institutions will thrive....
In a statement released on Monday, the Central Bank of Nigeria (CBN) clarified rumors suggesting plans to revoke the licenses of Fidelity, Wema, Polaris, and Unity...
In a revelation that may come as a surprise to many, Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has disclosed that the inception...
The Central Bank of Nigeria (CBN) has laid off nearly 200 employees in a significant restructuring move aimed at realigning the bank’s operations with its newly...
The Organized Private Sector (OPS) and economists have raised concerns about the latest increase in Nigeria’s benchmark interest rate by the Monetary Policy Committee (MPC), warning...
Financial experts are raising alarms about the Central Bank of Nigeria’s (CBN) low net foreign exchange (FX) reserves and its struggle to defend the naira. This...
The Nigerian Naira has once again begun to depreciate following a period of slight strengthening, prompting stakeholders to advocate for organic policies to bolster the currency’s...
The Central Bank of Nigeria (CBN) Governor, Dr. Olayemi Cardoso, has raised concerns over the impact of government palliatives on food inflation. He stated that the...