Olayemi Cardoso assumes duty as acting CBN governor
Business A.M Yemi Cardoso, the recently nominated governor of the Central Bank of Nigeria, has formally assumed duty as acting
CBN postpones September’s MPC meeting indefinitely
Business A.M The Central Bank of Nigeria (CBN) has announced the postponement of its 293rd Monetary Policy Committee (MPC) meeting to
CBN unveils online portal to accelerate microfinance banks licence applications
Business A.M The Central Bank of Nigeria (CBN) has unveiled a new online platform for the submission of Microfinance Banks (MfBs)
LCCI charge businesses on cost reduction strategies to stay afloat amid inflation hike
By Onome Amuge. The Lagos Chamber of Commerce and Industry (LCCI) has emphasised the need for businesses to implement a variety of
ABCON opts for merger over Cynthia Ezekwe recapitalisation of each BDCs
By Onome Amuge. The Association of Bureaux De Change Operators of Nigeria (ABCON) is seeking the merger of Bureaux De Change (BDC)
Tinubu nominates Olayemi Cardoso as new CBN governor
Business A.M President Bola Tinubu has nominated Olayemi Michael Cardoso as the new governor of the Central Bank of Nigeria (CBN).
Nigeria’s total debt stock rises 75%, hits N87.38trn in Q2’23
Nigeria’s debt stock, comprising the domestic and external debt stocks of the federal government,sub-national governments and the
CBN denies policy to crash exchange rate to N1.25 per dollar
The Central Bank of Nigeria (CBN) has debunked a report of planning a naira redenomination policy that would see the Nigerian currency
CBN counters JP Morgan’s N3.7bn estimate of Nigeria’s net FX reserve
Business A.M The Central Bank of Nigeria (CBN) has faulted the recent estimate of the country’s foreign exchange (FX) reserves
NAICOM eyes $25trn global Takaful to deepen insurance penetration
By Cynthia Ezekwe. The National Insurance Commission (NAICOM) said that it is navigating the global Takaful insurance