CBN prohibits use of Foreign currency as collateral for loans
CBN prohibits use of Foreign currency as collateral for loans
In a decisive move to tackle currency volatility, The Central Bank of Nigeria has once...
Naira undervalued by 30% – Renaissance Capital
Naira undervalued by 30% – Renaissance Capital
Renaissance Capital Africa report suggests that 2024 has a positive outlook for Nigeria with a strengthening...
Naira undervalued by 30% – Renaissance Capital
Naira undervalued by 30% – Renaissance Capital
Renaissance Capital Africa report suggests that 2024 has a positive outlook for Nigeria with a strengthening currency and...
Banks eye Eurobonds, foreign investors for N4tn fresh capital
Banks eye Eurobonds, foreign investors for N4tn fresh capital
Twelve banks will be unable to utilise about N4.8tn in retained earnings in their coffers to...
Banks eye Eurobonds, foreign investors for N4tn fresh capital
Banks eye Eurobonds, foreign investors for N4tn fresh capital
Twelve banks will be unable to utilise about N4.8tn in retained earnings in their coffers to...
CBN under Cardoso raises Capital Base for Commercial Banks to N500Billion.
CBN raises Minimum Capital Base For Banks At N500bn
The Central Bank of Nigeria (CBN) has unveiled new minimum capital requirements for banks,...
Repo rate remains unchanged at 8.25%.
Repo rate remains unchanged at 8.25%.
Wednesday, March 27, 2024
The Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB) has decided to hold...
Again, Central Bank of Nigeria raises Monetary Policy Rate by 200 basis points...
The Central Bank of Nigeria (CBN) has again raised the Monetary Policy Rate by 200 basis points from 22.75 to 24.75 percent.
Briefing the press...
Naira maintained a steady appreciation against the United States dollar
The naira maintained a steady appreciation against the United States dollar
on Thursday, gaining N18 to close 1,382/$ at the official market.
This came as Presidency...
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