The Central Bank of Nigeria (CBN) has denied social media and online reports suggesting that one of the banks under its regulation is facing distress. In a statement released on …
Olayemi Cardoso
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AfricaBanking, Finance & InvestmentEconomyFintechINVESTMENTNigeriaTechnology
CBN launches new digital platform to include Nigerians in diaspora in banking system
The Central Bank of Nigeria (CBN) has launched a new digital platform to help Nigerians living abroad access banking and financial services without needing to come home physically. This new …
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Banking, Finance & InvestmentEconomyInternational RelationsMarketsPoliciesTrade and Commerce
CBN Tightens Forex Rules as Naira Faces Pressure, Speculators Struggle
The Central Bank of Nigeria (CBN) is now taking tougher actions in the foreign exchange market, aiming to stop speculators and bring more stability to the naira. These fresh efforts …
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Banking, Finance & InvestmentEconomyGOVERNMENTMarketsPolicies
Nigeria’s bond demand declines amid rate hike worries
Nigeria’s bond market is currently facing serious challenges as investor interest has dropped due to fear of rising interest rates and uncertainty in the economy. The Central Bank of Nigeria, …
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AfricaBanking, Finance & InvestmentEconomyFinance & ServicesGOVERNMENTNigeriaPoliciesWestern Africa
CBN cuts Ways & Means by 59% in boost for reforms
The Central Bank of Nigeria (CBN) has reduced its Ways and Means advances to the Federal Government by 59 percent, signalling a new phase of fiscal discipline under the leadership …
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Banking, Finance & InvestmentEconomyEducationFinance & ServicesGlobal NewsINVESTMENTNigeriaWestern Africa
CBN Governor Reaffirms Commitment to Economic Stability and Transparency Amid Reforms
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the bank’s commitment to ensuring long-term economic stability, financial inclusion, and policy transparency as Nigeria continues with …
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EconomyFinance & ServicesINVESTMENTMarkets
Nigeria Begins Talks to Rejoin JPMorgan Bond Index After 10 Years
Nigeria has officially opened discussions with JPMorgan to re-enter its Government Bond Index for Emerging Markets (GBI-EM), almost a decade after being delisted. The Director-General of the Debt Management Office …
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Nigeria’s Non-Oil Exports Rise, CBN Pushes for More Forex Inflows
Nigeria’s efforts to reduce its heavy reliance on oil revenues are beginning to show results. The Nigerian Export Promotion Council (NEPC) recently reported that the country’s non-oil exports grew by …
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Nigeria’s Minister of State for Finance, Doris Uzoka-Anite, has said that the country’s tough economic reforms are now beginning to show positive signs, and investors who were previously worried are …
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Banking, Finance & InvestmentEconomyGOVERNMENTInternational Relations
Cardoso Talks Nigeria’s Economy with US Economist, Promises CBN Will Not Go Back on Reforms
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has said that the bank will remain focused on transparency, stability, and reforms that will restore trust in …