Tag: CBN

CBN’s Bold Move: Banking Recapitalization Fuels Nigeria’s $1 Trillion Economic Vision

In a strategic move to propel Nigeria towards its ambitious $1 trillion…

Genesis Obong

Nigeria’s Debt Service Projected to Surge to $5.2 Billion in 2025, Fitch Warns

Nigeria's external debt service is projected to climb to a substantial $5.2…

Genesis Obong

Nigeria’s Export Potential Hindered by Quality, Packaging, CBN Says

The Central Bank of Nigeria (CBN) has pinpointed critical shortcomings in product…

Genesis Obong

CBN’s New Capital Rules: Fresh Banks Must Comply Immediately, Existing Banks Given Two Years

The Central Bank of Nigeria (CBN) has issued a clear directive regarding…

Genesis Obong

FG Forms Economic Task Force to Counter US Tariff Impacts, Oil Price Drop

The Nigeria Federal Government has formed a specialized subcommittee to meticulously assess…

Genesis Obong

Naira Stability and Rising Reserves: How Nigeria’s FX Reforms Impact Citizens

Nigeria's recent foreign exchange (FX) reforms are beginning to show tangible effects,…

Genesis Obong

Inflation Fight: CBN’s Tight Monetary Policy and Its Impact on Nigerian Consumers

The Central Bank of Nigeria's (CBN) aggressive monetary policy, characterized by significant…

Genesis Obong

Naira’s Recent Dip ‘Reasonable’ Amidst Global Market Turmoil, Says JP Morgan

Despite a recent dip in the Nigerian Naira against the US dollar,…

Genesis Obong