Tag
CBN
The Nigerian economy is not a credit driven economy, unlike what obtains in many advanced economies.
The CBN has remained mute on cryptocurrency despite Nigeria's Securities and Exchange Commission issuing cryptocurrency regulations.
Since Emefiele took office as the CBN Governor in 2014 to date, Naira's official rate compared to the US Dollar has depreciated from N164 to N419.
The MPC has voted unanimously to raise the benchmark interest rate to 13% after over two years of expansionary monetary policy.
We expect the CBN to continue to resort to its use of unorthordox measures (aggressive CRR debits) to control money supply,..
The CBN has issued a regulatory framework for Open Banking in Nigeria in its efforts to enhance data sharing across the banking and payments system.
While the SEC has effectively given this sector a legal status, it will need the central bank to allow banks to facilitate crypto transactions.
The CBN says investors should suffer from fear of missing out (FOMO) when considering investing in Africa.
The Governor of the CBN may have just decided to shelve his reported 2023 presidential ambition after his meeting with the President.
The CBN has indicated that the recent increase in oil prices does not equate to higher revenue nor does it improve the external reserves of the Nigerian economy.
A resolution was reached for the NNPC to supply Jet A1 to marketers nominated by airline operators for 3 months and at a fixed price of N480 per litre.
The reality is that the process of strategizing, campaigning, and running for a political office is a full-time role and very demanding.