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Analysts say unfavourable fiscal policy slowed down FDI inflow into Nigeria; hopeful of Tinubu’s business focus

by Chris Ugwu

Explainer: How to interpret CBNs bank tenure limit for executive and non-executive directors

Supreme Court’s decision on naira redesign policy is commonsensical – Economists

Exchange rate at black market strengthens to N760/$1 on 3rd March 2023

Home Category Exclusives

Exclusives

Leaked Bank memo spooks holders of domiciliary (dollar) accounts, In panic, forex speculators prepare to dump dollars

Currencies

In panic, forex speculators prepare to dump dollars

by Analysts Nairametrics

August 31, 2020

For most speculators who bought forex at less than N400/$1, they are pondering whether to sell

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

Exclusives

CBN sequesters N321.6 billion from banks in new CRR Debits

by Abiola Odutola

August 29, 2020

Information gathered by Nairametrics reveals about 17 banks had their vaults debited by the apex bank in CRR sequesters.

Sterling Bank

Company Results

Sterling Bank reveals N215 billion sequestered by CBN as CRR Debits

by Analysts Nairametrics

August 12, 2020

Sterling Bank Plc, one of Nigeria's tier 2 banks reported that the Central Bank of Nigeria's CBN restricted about N215.5...

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