CEM REPORT, CURRENCY| The Nigerian Naira is experiencing renewed depreciation, reaching a six-week low against the US Dollar on the official NAFEX window. On Tuesday, May 14, 2024, the exchange…
CEM REPORT, FINANCE| The Central Bank of Nigeria (CBN) has stepped in to provide further guidance on how International Oil Companies (IOCs) operating within the country can utilize their foreign…
CEM REPORT, BUSINESS| The Nigerian financial landscape is undergoing a significant shift with the mandatory registration of Point of Sale (PoS) agents by the Corporate Affairs Commission (CAC). This new…
CEM REPORT, FINANCE| The Central Bank of Nigeria (CBN) has announced a new 0.5% cybersecurity levy on electronic transfers, effective in two weeks. This move aims to raise funds for…
CEM, REPORT FINANCE | In a move that has sent shockwaves through the Nigerian import community, the Central Bank of Nigeria (CBN) has raised the exchange rate used to calculate…
CEM REPORT, FINANCE | The Nigerian banking sector is poised for a period of potential transformation as the Central Bank of Nigeria (CBN) contemplates raising the minimum capital adequacy ratio (CAR)…
CEM REPORT , MARKET | The Nigerian foreign exchange market witnessed a surprising development on Wednesday, March 13th, 2024, with the official and parallel market rates for the Naira/US dollar,…
CEM REPORT, FINANCE | Nigeria’s foreign exchange reserves received a welcome boost in February 2024, with the Central Bank of Nigeria (CBN) announcing a significant increase in foreign inflows. This…
CEM REPORT, FINANCE | The Central Bank of Nigeria (CBN) announced on Friday, March 1st, 2024, the revocation of operational licenses for a staggering 4,173 Bureaux De Change (BDC) operators…
CEM ANALYSIS, ECONOMY | Experts have continued to react to the decision by the Monetary Policy Committee to increase interest rate as an effort to tame the roaring inflation in…