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Tag: CBN

Global news

Iran’s Rejection of Trump’s Nuclear Talks Heightens Military Tensions

March 13, 2025March 13, 2025 - by Allegra Nguyen - Leave a Comment

Iran’s Supreme Leader Ayatollah Ali Khamenei has rejected President Trump’s proposal for renewed negotiations on the nuclear program, heightening the possibility of military action. Concurrently, Israel has taken strategic military …

Iran’s Rejection of Trump’s Nuclear Talks Heightens Military Tensions Read More
Business / Companies / economics

Nigeria’s Competitive Edge: A 25-Year Milestone Amid Currency Depreciation

March 11, 2025March 11, 2025 - by Allegra Nguyen - Leave a Comment

A report from Chatham House asserts that Nigeria is more competitive than it has been in 25 years, primarily due to the naira’s significant depreciation which has positively impacted fiscal …

Nigeria’s Competitive Edge: A 25-Year Milestone Amid Currency Depreciation Read More
Business / Companies / economics

CBN Reforms Enhance Nigeria’s Investment Appeal Amid Economic Recovery

March 9, 2025March 9, 2025 - by Marcus Chen - Leave a Comment

Nigeria’s economy is recovering faster than expected, marked by easing inflation, rising FDI, and a stable Eurobond market. The CBN’s decision to maintain interest rates has increased investor confidence, supported …

CBN Reforms Enhance Nigeria’s Investment Appeal Amid Economic Recovery Read More
Business / Companies

Challenges of Nigeria’s New Cryptocurrency Tax Policies: A Path to Revenue?

March 8, 2025March 8, 2025 - by Marcus Chen - Leave a Comment

In an effort to rejuvenate its economy, Nigeria has introduced cryptocurrency tax policies, aiming to collect from unregulated exchanges like Binance. Despite the country’s large market and high crypto adoption, …

Challenges of Nigeria’s New Cryptocurrency Tax Policies: A Path to Revenue? Read More
Companies

Nigeria Confirms Remitta as Payment Gateway Amid TMRAS Integration Plans

March 6, 2025March 6, 2025 - by Allegra Nguyen - Leave a Comment

The Federal Government of Nigeria confirmed the retention of Remitta as the approved payment gateway by the Central Bank, emphasizing its integration into the Treasury Management and Revenue Assurance System. …

Nigeria Confirms Remitta as Payment Gateway Amid TMRAS Integration Plans Read More
Business / Companies / economics

Nigeria Eurobond Yield Increases Amidst Foreign Investors’ Asset Trim

March 6, 2025March 6, 2025 - by Sofia Nawab - Leave a Comment

Foreign portfolio investors reduced their Nigerian Eurobond holdings, causing yields to rise amidst a risk-averse sentiment. The CBN maintained its Monetary Policy Rate to assess previous hikes’ effects on the …

Nigeria Eurobond Yield Increases Amidst Foreign Investors’ Asset Trim Read More
Business / Companies / economics

Central Bank of Nigeria Appoints 16 New Directors Amid Structure Reshuffle

March 5, 2025March 5, 2025 - by Carmen Mendez - Leave a Comment

The Central Bank of Nigeria has appointed 16 new directors across key departments after a 9-month restructuring period. This move targets banking supervision, payment systems, and consumer protection to enhance …

Central Bank of Nigeria Appoints 16 New Directors Amid Structure Reshuffle Read More
Companies

CBN’s Significant Leadership Restructuring: Appointment of New Directors

March 4, 2025March 4, 2025 - by Sofia Nawab - Leave a Comment

The Central Bank of Nigeria has appointed 16 new directors to enhance oversight in banking supervision, payment systems, and consumer protection. This restructuring is aimed at improving compliance and addressing …

CBN’s Significant Leadership Restructuring: Appointment of New Directors Read More
Companies

CBN Appoints 16 New Directors to Shape Nigeria’s Financial Future

March 4, 2025March 4, 2025 - by Sofia Nawab - Leave a Comment

The Central Bank of Nigeria has appointed 16 new directors, changing the leadership landscape crucial for banking supervision, monetary policy, fintech regulation, and consumer protection. Notable appointments include Akinwunmi Olubukola …

CBN Appoints 16 New Directors to Shape Nigeria’s Financial Future Read More
Companies

CBN Enhances Regulatory Oversight to Fortify Nigeria’s Financial System

March 3, 2025March 3, 2025 - by Allegra Nguyen - Leave a Comment

The Central Bank of Nigeria is enhancing regulatory oversight to strengthen the financial sector, prevent financial crimes, and ensure compliance with global standards. There was a recent workshop emphasizing the …

CBN Enhances Regulatory Oversight to Fortify Nigeria’s Financial System Read More

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