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CBN meeting and NSE in focus

Given how this has drained demand for naira bonds, they may remain unloved and depressed over the coming months. The Central Bank of Nigeria is …

AS EMEFIELE FOCUSES ON ECONOMIC RECOVERY

The CBN and other strategic players must cooperate to sustain economic progress, writes Jackson Ugbechie Mr. Godwin Emefiele, the Governor of Central Bank of Nigeria (CBN) has his job cut out in 2021. With an economy steeped in recession courtesy of Covid-19 pandemic and the #EndSARS protests, which was turned to a vehicle for destruction […]

We Lost N3Bn In Fire Outbreak

By Chibuzo Ukaibe, Abuja President of the United Furniture Dealer’s Association of Nigeria, Prince Emeka Egwuekwe, yesterday disclosed that machines worth over three billion Naira was destroyed in the recent fire incident that engulfed the Kugbo furniture Market in the Federal Capital Territory (FCT). Egwuekwe who is also chairman Of Kugbo International Market Traders Association […]

Today exchange rate usd to naira in black market

1 EUR = 465 NGN. 07; CBN dollar to naira exchange rate today . 02 (N5. 5 while at the black market, 1 USD is equal to NGN 361. As of Friday (Nov.

Real Reason Erstwhile Friends, Tunde Ayeni, Hosa Okunbo Are At Loggerheads, Battle Could …

Ayeni said the pressure from the CBN and the EFCC to pay back the … of experience sell his shares and stake in the company for just 2 Billion Naira?

The Process And Types Of Banking License In Nigeria – Finance and Banking

Nigeria: The Process And Types Of Banking License In Nigeria 12 January 2021 Resolution Law Firm To print this article, all you need is to be registered or login on Mondaq.com. Banking licenses in Nigeria are issued by the Central Bank of Nigeria (CBN). The CBN was established […]

CBN Slams Fresh N600Bn CRR Debit on Banks

FirstBank of Nigeria Limited, has launched its Virtual Payment card, a Naira denominated debit card and digital representation of the plastic debit card.

ABCON lobby for exchange rates unification

… Central Bank of Nigeria (CBN) to improve inflow of remittances, by allowing beneficiaries to collect proceeds … ABCON quarterly revealed that a large percentage of beneficiaries require Naira for domestic commitments in Nigeria.

Marketers Blame DPR, PPPRA for Rising Cooking Gas Price

cooking gas Accuse NLNG of inadequate product supply By Peter Uzoho Excessive administrative and other sundry charges by the Department of Petroleum Resources (DPR), the Petroleum Products Pricing Regulatory Authority (PPPRA), among others, have caused an astronomical rise in the price of Liquefied Petroleum Gas (LPG) commonly known cooking gas, THISDAY’s investigation has revealed. Also, […]

Moghalu Urges FG to Improve Internal Revenue Mobilisation

•Warns against rising budget deficit By Dike Onwuamaeze A former Central Bank of Nigeria (CBN) Deputy Governor, Prof. Kingsley Moghalu, yesterday called on the federal government to maximise the benefits of Nigeria being a $400 billion Gross Domestic Product (GDP) economy by broadening its internal revenue generation efforts rather than relying on public borrowings to […]

CBN’s’ defence’ of the Naira

Editorial   It might ordinarily be deemed to be one of its core functions. The Central Bank of Nigeria (CBN) revealed in its third-quarter economic report, that it injected $4.37bn into the foreign exchange market in the quarter as part of efforts to ensure the stability of the naira. But it not only brings to […]

Parler sues Amazon for taking down its site – Nairametrics

Parler sues Amazon for taking down its site  Nairametrics

CBN to Sustain Expansionary Monetary Policy Till Q1, 2021

Monday, January, 11, 2021 / 8:39PM / Ottoabasi Abasiekong for WebTV / Header Image Credit: The Guardian NG The Central Bank of Nigeria will sustain its expansionary monetary policy through the period of Q1, 2021 as it supports the growth and recovery of Nigeria  from the current recession.                       Cordros Securities disclosed this in a […]

Banking sector recapitalisation may define sectoral competition

Although part of the Central Bank of Nigeria (CBN) Governor, Godwin … But the depreciation of the naira against dollar means more lenders will raise …