Tag: CBN Policy

Fuel, FX and Inflation Pressure Tightens on Nigeria’s Economy as Naira Stability Masks Cost Crisis

Business Damilola Bayonle -
Nigeria’s economy is currently sending mixed signals that are difficult to ignore. On paper, the naira has shown periods of...

CBN’s new remittance rules set to transform how Nigerians receive money from abroad

Business Damilola Bayonle -
CBN remittance rules Nigeria: New policy to reshape diaspora inflows, boost transparency Nigeria’s foreign exchange landscape is set for another...

Naira falls to N1,420/$ as currency loses N25 in single-day black market slide

Business Damilola Bayonle -
Nigeria’s currency recorded fresh pressure in the informal foreign exchange market on Thursday after losing significant value against the...

CBN’s New $150,000 weekly BDC dollar limit sparks fresh optimism for naira recovery

Business Damilola Bayonle -
Naira set to strengthen with new BDC dollar limit Currency market operators and financial analysts have projected renewed stability in...

Pound and Euro to Naira exchange rate today: Shocking new figures shake Nigeria’s FX market

Business Damilola Bayonle -
Nigeria’s foreign exchange market opened the week with renewed volatility as both the British pound and the euro strengthened...

Cardoso’s bold move: How CBN interest rate cuts in 2026 could transform economy

Business Damilola Bayonle -
Nigeria’s monetary policy outlook for 2026 may be set for a significant shift, as the Governor of the Central...

Naira maintains flat rate amid oil production decline | Market & FX insights 2025

Business Damilola Bayonle -
Despite a notable decline in crude oil production, the Nigerian naira has demonstrated remarkable resilience, maintaining a largely flat...

CBN’s faster ATM refund policy earns customer support across Nigeria

Business Damilola Bayonle -
In a development set to reshape the nation’s retail banking experience, the Bank Customers Association of Nigeria (BCAN) has...

Rising T-Bill yields spark big opportunities for investors

Business Damilola Bayonle -
The Nigerian fixed-income market is witnessing a significant shift as Treasury bill (T-bill) yields continue to rise, presenting both...

CBN’s new geotagging directive for PoS: what you need to know

Business Damilola Bayonle -
The Central Bank of Nigeria (CBN) has issued a fresh directive mandating geotagging of all Point-of-Sale (PoS) terminals across...