CEM REPORT, MARKET | The Nigerian Naira strengthened significantly against the US Dollar on the parallel market, also known as the black market, following the Central Bank of Nigeria’s (CBN)…
CEM REPORT, FINANCE | The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has ignited a wave of discussion regarding cryptocurrency in the country by revealing a staggering…
CEM REPORT, FINANCE | The Central Bank of Nigeria (CBN) has taken a strong stance on curbing inflation and ensuring price stability, vowing to recover over ₦10 trillion in intervention…
CEM REPORT, ECONOMY | The Central Bank of Nigeria (CBN)’s MPC on Tuesday raised its Monetary Policy Rate (MPR) (interest rate) by 400 basis points from 18.75 per cent to…
CEM REPORT, MARKET | In a move to stabilize the naira and closing the gap between the official and black-market exchange rates, the Central Bank of Nigeria (CBN) has approved…
CEM REPORT, FINANCE | The Central Bank of Nigeria (CBN) has announced a new regulatory and supervisory framework for bureau de change (BDC) operators in Nigeria, effective from February 23,…
CEM REPORT, FINANCE | Nigeria’s External reserve currently stands at 33.116 billion dollars as at 8th of February, 2024 according to the data obtained from the Central Bank of Nigeria…
CEM REPORT, FINANCE | The Nigerian financial landscape is set to witness another seismic shift as the Central Bank of Nigeria (CBN) has increased the application fee for an International…
CEM REPORT, FINANCE | Nigeria’s naira is making a comeback, defying recent depreciation against the US dollar in both official and parallel markets. This surge follows bold moves by the…
CEM REPORT, FINANCE | In a groundbreaking move to safeguard the booming mobile money market, Nigeria is deploying a high-tech weapon against fraudsters: AI-powered Point of Sale (PoS) terminals with…