Tag: CBN

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Speculation Ahead of 2019Q1 Reports, March Inflation Data May Trigger Rebound On NGSE

Speculation Ahead of 2019Q1 Reports, March Inflation Data May Trigger Rebound On NGSE

Market Update for April 9 Trading on the Nigerian Stock Exchange (NSE) closed with the benchmark All-Share index closing marginally down, compared to...
Analysts Disagree Over Impact Of Rate Cut On Investments, Liquidity, Jobs

Analysts Disagree Over Impact Of Rate Cut On Investments, Liquidity, Jobs

Analysts at Lagos-based Arthur Steven Asset Management Limited and Afrinvest West Africa (members of the Nigerian Stock Exchange), on Tuesday disagree...
CBN Rates Cut May Result In Lower FX Inflows, Weaken Int’l Trade- Analysts

CBN Rates Cut May Result In Lower FX Inflows, Weaken Int’l Trade- Analysts

Reactions have continued to greet the decision by the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) on Tuesday by majority vote of the...
Bad Loans: AMCON MD Seeks Reintroduction Of Failed Bank Act

Bad Loans: AMCON MD Seeks Reintroduction Of Failed Bank Act

Miffed perhaps by the unwillingness of recalcitrant debtors to repay huge toxic loans purchased from banks about 10 years ago or more, chief executive...
Again, Shareholders Decry Plot To Extend AMCON Lifespan

Again, Shareholders Decry Plot To Extend AMCON Lifespan

•As Zenith, Access, GTBank, UBA Pay N138bn Into Sinking Fund Leaders of shareholder groups in the country, on Monday, again urged members of the Na...
CBN Injects $268.4m, CNY46.3m Into Retail SMIS

CBN Injects $268.4m, CNY46.3m Into Retail SMIS

The Central Bank of Nigeria (CBN) on Friday, February 22, 2019, intervened again to the tune of $268.4m in the retail Secondary Market Intervention Sa...
CBN Partners NJI, Holds Workshop For Judges On Collateral Registry

CBN Partners NJI, Holds Workshop For Judges On Collateral Registry

In its determination to enhance understanding of technical issues around the economy and financial system, the Central Bank of Nigeria (CBN) says it i...
NDIC Begins Verification Of Fortis MFB Depositors

NDIC Begins Verification Of Fortis MFB Depositors

This is not the best of times for stakeholders, particularly the shareholders of Fortis Microfinance Bank Plc. The Nigerian Deposit Insurance Corpora...
Forex: CBN Injects $210m into Inter-Bank Market

Forex: CBN Injects $210m into Inter-Bank Market

The Central Bank of Nigeria (CBN), on Tuesday, January 29, 2019, continued its periodic intervention in the foreign exchange market injecting another ...
BudgIT Laments Over $5bn Leakages In 2016 NEITI Oil Revenue Report

BudgIT Laments Over $5bn Leakages In 2016 NEITI Oil Revenue Report

BudgIT, a civic organization that seeks societal change, while applying technology to intersect citizen engagement, on Tuesday lamented the poor regul...
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