CIBN Assures of Safe and Resilient Banking Sector
CEM REPORT, BANKING| The recent revocation of the licence of Heritage Bank has stirred up fear and debate among the banking citizens of the country. With many harbouring the thought…
CEM REPORT, BANKING| The recent revocation of the licence of Heritage Bank has stirred up fear and debate among the banking citizens of the country. With many harbouring the thought…
CEM REPORT, BANKING| In a move aimed at safeguarding the integrity of Nigeria’s financial system, the Central Bank of Nigeria (CBN) has revoked the operating license of Heritage Bank Plc,…
CEM FEATURE, PERSONALITY | If there is one person who has defined avant-garde nightclubbing in Nigeria, it is the one and only Ken-Calebs Olumese, known to his legion of fans…
CEM REPORT, MARKET| The Naira’s performance against the US Dollar presented a mixed picture on Wednesday, May 23rd, 2024. Following the Central Bank of Nigeria’s (CBN) decision to increase the…
CEM REPORT, ECONOMY| The Nigerian National Assembly is proposing a major overhaul of the Central Bank of Nigeria (CBN) Act 2007. These amendments aim to address concerns about the bank’s…
Nigeria’s fight against inflation intensified today as the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) raised the benchmark interest rate, the Monetary Policy Rate (MPR), by 150 basis…
CEM REPORT, ECONOMY| In a move aimed at taming soaring inflation, the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) has increased the benchmark interest rate, known as the…
CEM REPORT, FINANCE| The Central Bank of Nigeria (CBN) has withdrawn the National Cybersecurity Levy introduced just eleven days earlier on May 6, 2024. The apex bank in a concise…
The Senate has taken a firm stance against the misuse and misuse of the naira through a bill that would dramatically increase penalties for naira abuse. This move comes amidst…
CEM REPORT, BANKING| A recent decision by the Federal High Court in Lagos is bound to ignite discussion regarding the evolving landscape of Know-Your-Customer (KYC) practices in Nigeria. The court…