Central Bank of Nigeria
In 2020, tight monetary policy retains top spot
The hawkish stance of the Central Bank of Nigeria (CBN) over the years will crossover to 2020 and still retain it grip on the financial market.
FMDQ weekly report
Commentary on the Foreign Exchange (FX) market with data for the week ended November 22, 2019. November 15, 2019, selling ¥14.70 million and $341.75 million at both sessions respectively
How to sustain current upturn in Nigeria stock market
To ensure sustainable stock market recovery and improve liquidity, operators have renewed calls for the regulators to fine-tune the processes involved in margin lending in the nation's capital market.
Untamed food prices dash hopes of Central Bank’s rate cut
Any remaining hopes of an interest rate cut by the Central Bank of Nigeria (CBN) in the near term have been quashed by signs of rising inflationary pressures, which touched a 17-month high of 11.61 per cent, over unending food prices
CBN and challenges of bank regulation
The Central Bank OF Nigeria (CBN) regulatory policies on deposit money banks usually set the tone for a stable financial system. However, like all human organizations...
Financial inclusion gets a boost in Imo with 500,000 agents
Central Bank of Nigeria (CBN), financial inclusion initiative to bring in the unbanked and underbanked into the system, has been given a boost in Imo State following the engagement of 500,000 agents.
Association, CBN empower sorghum farmers with input facilities
The National Association of Sorghum Producers, Processors and Marketers of Nigeria (NASPPAM), Kebbi State chapter, in collaboration with Central Bank of Nigeria (CBN) and Keystone Bank, has wet season sorghum inputs to the 2,361 farmers in the 21 local government areas of the state.
Government records N380b deficit in Q3, as earnings’ target fails
The Federal Government’s expenditure in the third quarter (Q3) of 2019 has been put at N1.41 trillion, while its retained earnings settled at N1.03 trillion, resulting in fiscal deficits of N379.68 billion. The earnings also failed the quarterly budget estimate by 28.2 per cent, although it was above receipts in the preceding quarter by 18.3…
Reasoning together on CBN’s efforts to curtail voluminous cash
The power of cash comes from the fact that it is tangible; this mystique is what ensures that a set of rectangular notes or circular coins can give effect to the laws of demand and supply.