CBN Holds a Foreign Portfolio Investment (FPI) Call Yesterday, the Central Bank of Nigeria (CBN) hosted a Foreign Portfolio Investor (FPI) call, and notable points pertaining to monetary policy focus…
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Post Monetary Policy Committee Meeting February The first (1st) Monetary Policy Committee (MPC) meeting chaired by the new Central Bank of Nigeria (CBN) Governor, Dr. Yemi Cardoso, was held on…
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The Central Bank of Nigeria (CBN) has undertaken a significant supervisory action, dissolving the boards and management of Union Bank, Keystone Bank, and Polaris Bank. This decision stems from concerns…
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Yesterday, the Central Bank of Nigeria (CBN) issued a circular reaffirming its dedication to enhancing foreign exchange (FX) liquidity and addressing the recent FX challenges in the market. The bank's…
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Yesterday, the Central Bank of Nigeria (CBN) released a letter highlighting prudential guidelines to the banking sector, following the impact of the recent foreign exchange (FX) rate regime change. The…
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MPC Springs a dovish surprise The CBN Monetary Policy Committee (MPC) voted to cut the key benchmark interest rate by 50bps to 13.5%, taking the Standing Lending Facility and standing…
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Nigerian Banks A Lofty Deal or a Damp Squib? • A switch to National Banking License... In our recently published equity commentary on Diamond Bank (See report: Overblown fright or…
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