Standard Chartered meets CBN’s N200 bn minimum capital requirement ahead deadline
Standard Chartered Bank Nigeria Limited, has announce that it has successfully fulfilled the Central Bank of Nigeria’s (CBN) ₦200 billion minimum capital requirement for national commercial banks, in advance of the regulatory deadline.
OIL PRICE RALLY: CBN’s push for higher reserves, stable naira gets boost
At the backdrop of the Central Bank of Nigeria (CBN) push for higher external reserves accretion, stable naira and elevated dollar liquidity, there are chances that the external sector of the economy would strengthen following the rising crude oil prices.
CBN issues routine transitional guidance to select banks
The CBN said that the step was part of its broader, sequenced strategy to implement the recapitalisation programme announced in 2023.
CBN debunks report on BDC recapitalisation deadline
The Central Bank of Nigeria (CBN) has debunked a news story in circulation suggesting that the Bank has extended the deadline for the recapitalisation of Bureau De Change (BDC) operators to December 31, 2025.
How CBN’s policies aid Moody’s, other rating upgrades for Nigeria
Some feedbacks from global rating agencies about Nigeria’s economic status point to emerging improvements in the country’s macroeconomic indexes.
How CBN’s policies aid Moody’s, other rating upgrades for Nigeria
One of the major implications of the improved rating is that Nigeria may now be able to borrow at lower interest rates
