NDIC wants to be involved in the licensing of Nigerian banks

Regulatory stakeholders in the financial sector have been partaking in the adjustments to BOFIA 2004.

diaspora remittances, Total credit to the economy rose to N19.54trillion – CBN Governor, CRR debits, P-AADS, #EndSARS: CBN says funds in frozen accounts may be linked to terrorist activities, Covid-19: Court closures impacted revenue generation for courts - Emefiele, P&ID dispute: UK Court orders $200 million guarantee to FG, Leaked letter by Poultry Farmers Association triggered CBN emergency approval to import maize, nImplications of CBN's latest devaluation and FX unification, current account deficit, IMF, COVID-19, CBN OMO ban could give stocks a much-needed boost , CBN’s N132.56 billion T-bills auction records oversubscription by 327% , Nigeria pays $1.09 billion to service external debt in 9 months , Implications of the new CBN stance on treasury bill sale to individuals, Digital technology and blockchain altering conventional banking models - Emefiele , Increasing food prices might erase chances of CBN cutting interest rate , Customer complaint against excess/unauthorized charges hits 1, 612 - CBN , CBN moves to reduce cassava derivatives import worth $600 million , Invest in infrastructural development - CBN Governor admonishes investors , Credit to government declines, as Credit to private sector hits N25.8 trillion, CBN sets N10 billion minimum capital for Mortgage firms, CBN sets N10 billion minimum capital for Mortgage firms , Why you should be worried about the latest drop in external reserves, CBN, Alert: CBN issues N847.4 billion treasury bills for Q1 2020 , PMI: Nigeria’s manufacturing sector gains momentum in November, CBN warns high foreign credits could collapse Nigeria’s economy, predicts high poverty, MPC Member, BVN, Fitch, Foreign excchange (Forex), Overnight rates crash after CBN’s N1.4 trillion deduction, Nigeria’s foreign reserves hit $36.57 billion; Emefiele keeps his word on defending the naira, CBN to support maize farmers, projects 12.5 million metric tons in 18 months, BREAKING: CBN Upscales Greenwich Trust Limited, grants it's operational license for merchant banking, AGSMEIS: CBN expand beneficiaries to 14,638., CBN expands access to mortgage financing

Explained: CBN’s powers to seize bank account of criminals

by Abiola Odutola

July 16, 2020

The CBN expects the powers to be given to it via an amendment of the BOFIA.

4 selected Maize importers will not be affected by Buhari forex for food ban, Nestle partners USAID to improve quality of Nigerian grain

Analysis: CBN bans maize importers from accessing FX

by CSL Stockbrokers

July 14, 2020

CBN noted that the ban was necessitated in order to protect local production of maize.

Foreign exchange market, Nigeria’s fixed income & money market update ending 13th March, 2020, Why the s, CBNtrong dollar is giving Nigeria headache, Nigerian banks broadly positive after Naira devaluation, Exchange rate sustains gain at NAFEX window as CBN orders BDCs to sell at N386/$1

Naira gains at the NAFEX window as market liquidity improves

by Chike Olisah

July 14, 2020

Naira appreciated against the dollar at the Investors and Exporters (I&E) window on Monday.

Nigeria’s manufacturing sector contracts for 5th consecutive month – CBN , To test FX market, CBN pumps $50 million, CBN issues guidelines to Finance Institutions on establishment of Subsidiaries and SPVs, CBN injects $2.63 billion to defend naira in one month, CBN’s COVID-19 N50 billion targeted credit facility, CBN’s heterodox policies buoys credit growth, These industries drove business activities in September, Credit to Nigerian economy falls to N38.67 trillion as private stagnates at N30 trillion, Availability of secured credit to businesses and households increases as unsecured credit to households dips in Q3 2020 - CBN, CBN releases regulatory guidelines on the eNaira

How to get creative sector loan from the CBN, Bankers Committee

by Chike Olisah

July 13, 2020

The bank will then discuss, analyze your request and if successful will disburse the funds.

Central Bank of Nigeria, Foreign exchange market, Naira vs dollas, IMF, Foreign Reserves, External reserves, CBN, Why do we all love the dollar?

Naira falls to another 3-year low at black market as forex liquidity still remains scarce

by Chike Olisah

July 12, 2020

The drop is due to pressure on the black market as a result of a scarcity of dollars.

SME's, Here’s why your business needs a solid value proposition (PART 1)

What SME’s need other than Intervention loans

by Lawretta Egba

July 10, 2020

Since access to finance is a key constraint to SME growth, funding it has become paramount.

FG seeking approval from National Assembly for $1.2 billion agric loan, Capital market to get more tax incentives - FG , FEC reviews Ajaokuta-Kaduna-Kano gas project contract, approves $2.571 billion, FG to reduce N1.5 trillion from 2020 budget due to coronavirus, Proposed N12.43 trillion deficit for 2023 budget, disturbing- Senate

Nigeria’s excess crude account falls to $72 million

by Chike Olisah

July 10, 2020

Nigeria’s excess crude account has now fallen by a whopping 98% in just 5 years.

2023 Lagos Development Pipeline Report Retail Overview: What is inhibiting the growth of the retail sector?

How Nigerian SMEs can survive high mortality rate

by Abraham Onoja

July 10, 2020

SMEs are a very important economic catalyst in developing and industrialized countries.

Forex, Nafex, parallel market, exchange rate, Naira, Dollar

Naira weakens as forex turnover falls by 88%

by Chike Olisah

July 9, 2020

The opening indicative rate was N387.32 to a dollar on Wednesday.

Tag: Central Bank of Nigeria