CBN Affirms strength of Nigerian Banking Sector, Issues Routine Guidance for Banks Under Forbearance
In a move aimed at calming market jitters and ensure smooth transition from regulatory forbearance, the Central Bank of Nigeria…
Category: Finance
In CBN’s Return to Orthodoxy, FirstHoldco Faces $887m Exposure
The decisive return to orthodox monetary policy by the Central Bank of Nigeria (CBN) and its roll out of stringent…
Mixed Reactions Trail CBN’s Directive Suspending Banks’ Dividends, Bonuses
Mixed Reactions have trailed last weekend’s directive by the Central Bank of Nigeria (CBN) to banks under regulatory forbearance to…
Adesina: How I Raised AfDB’s Capital from $93bn to $325bn
President of the African Development Bank (AfDB), Akinwunmi Adesina, who is stepping down from the position after a decade of…
CBN Retains MPR at 27.50% Amid Inflation Moderation, Improved Macroeconomic Thresholds
The Central Bank of Nigeria (CBN) yesterday resolved to leave the monetary policy parameters, including the Monetary Policy Rate (MPR),…
Zenith Bank Delights Shareholders with Dividend Payout of N195.67 Billion, Promises Quantum Leap in Future Dividends
Shareholders of Zenith Bank Plc, at the 34th Annual General Meeting (AGM) held at the Civic Centre, Victoria Island, Lagos,…
Ecobank Reaffirms Commitment to SMEs
Ecobank Nigeria has reiterated its commitment to supporting the growth and success of small and medium-sized enterprises (SMEs) across the country…
IMF Urges Nigeria, Others to Enhance Fiscal Buffers
Managing Director of International Monetary Fund (IMF), Kristalina Georgieva, yesterday, called on Nigeria and other African countries to deepen fiscal…
IMF, Cardoso, Edun Pledge to Scale Up Social Spending, Improve Food Security in Nigeria
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, the Governor; Central Bank of Nigeria (CBN), Mr. Olayemi…
Despite Economic Challenges, 10 Banks Granted N65.6 Trillion Loans to Customers
Amid macro-economic challenges and competition with Fintechs, 10 Nigerian banks operating in the country, Sub-Sahara Africa countries (SSA) and other…