CBN imposes fresh CRR debits on banks to the tune of N118 billion

CRR Debits, #EndSARS: We were not hacked - CBN

These debits have inevitably tightened liquidity in the banking system and bankers are complaining.

COVID-19 could save naira from depreciating further, Many odds against the naira, Naira forwards and parallel market crash puts pressure on official exchange rate, Naira appreciates to N386.94 to $1 at investor and exporters window. , Naira set for recovery as ABCON issues guideline to members for forex sales resumption, Naira falls against the Euro, British pound sterling but gains against the U.S dollar, Naira falls at black market, dollar liquidity remains relatively low , Forex, Naira drops further at the black market despite appreciating at I&E window

Naira drops further at the black market despite appreciating at I&E window

by Chike Olisah

June 28, 2020

The rise in demand and contrasting drop in supply has called for another round of devaluation...

Business leaders talk on CBN unification of the Naira

by Olumide Adesina

June 28, 2020

Business leaders have given their opinions on CBN's plan to unify the exchange rate of the Naira.

Even with a 939% jump in H1 Profit, Neimeth still needs to build consistency

by Lawretta Egba

June 27, 2020

Neimeth has been one of the better performers in the stock market in the last one year.

Naira unification may lead to losses for black market speculators

by Olumide Adesina

June 25, 2020

Naira unification around NAFEX could burn the fingers of speculators.

No let off as Naira depreciates further in FX market, Naira depreciates at Investors & exporters window, forex turnover up by over 117%, Naira drops to N462, as currency liquidity stays thin at the black market

Naira falls big at the black market as demand pressure persists

by Chike Olisah

June 24, 2020

Uncertainty of the market remains, particularly due to liquidity shortages across markets. 

Banks' stakeholders express 4 main concerns bothering the sector right now, CBN, MARKET UPDATE: CBN’s historic agriculture lending; Is it yielding the desired results?

CBN Governor confirms exchange rate unification plans

by Lawretta Egba

June 23, 2020

He revealed the unification will also be around the NAFEX rate.

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

COVID-19 Intervention Fund: CBN disburses N107.45 billion to successful beneficiaries

by William Ukpe

June 9, 2020

CBN has disbursed the total sum of N107.45 billion to beneficiaries from the N1.15 trillion COVID-19 Pandemic Intervention Funds.

Nigeria’s foreign reserves hit $36.57 billion; Emefiele keeps his word on defending the naira

by Olumide Adesina

June 4, 2020

Nigeria's foreign exchange reserves now stand at $36.57 billion, having increased sharply from $33.42 billion as of April 29, 2020.

Naira falls to N755/$1 at the black market

Naira appreciates to N385.50 to $1 at the I&E window

by Chike Olisah

June 2, 2020

The local currency strengthened by N0.83 against the dollar, when compared to the N386.33 to a dollar that is exchanged ...

Tag: Godwin Emefiele