CBN

ABCON opts for merger over Cynthia Ezekwe recapitalisation of each BDCs

By Onome Amuge. The Association of Bureaux De Change Operators of Nigeria (ABCON) is seeking the merger of Bureaux De…

Tinubu nominates Olayemi Cardoso as new CBN governor

 Business A.M President Bola Tinubu has nominated Olayemi Michael Cardoso as the new governor of the Central Bank of Nigeria…

Nigeria’s total debt stock rises 75%, hits N87.38trn in Q2’23

Nigeria’s debt stock, comprising the domestic and external debt stocks of the federal government,sub-national governments and the Federal Capital Territory,…

CBN denies policy to crash exchange rate to N1.25 per dollar

The Central Bank of Nigeria (CBN) has debunked a report of planning a naira redenomination policy that would see the…

CBN counters JP Morgan’s N3.7bn estimate of Nigeria’s net FX reserve

Business A.M The Central Bank of Nigeria (CBN) has faulted the recent estimate of the country’s foreign exchange (FX) reserves…

NAICOM eyes $25trn global Takaful to deepen insurance penetration

By Cynthia Ezekwe.   The  National Insurance Commission (NAICOM) said that  it is navigating  the global Takaful insurance market, which…

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