Nigeria’s Own Digital Currency, cNGN to Debut in February
CEM REPORT, FINANCE | Nigeria is about to make history as the first African country to launch its own digital currency, the Nigerian naira (cNGN) stablecoin. The cNGN is a…
CEM REPORT, FINANCE | Nigeria is about to make history as the first African country to launch its own digital currency, the Nigerian naira (cNGN) stablecoin. The cNGN is a…
CEM ANALYSYS, ECONOMY | Nigeria, the largest economy in Africa, is facing many social and economic challenges, such as insecurity, inflation, poverty, and low productivity. However, the country also has…
CEM REPORT, FINANCE | The Central Bank of Nigeria (CBN) has issued a “Post no Debit” order on all bank accounts without Bank Verification Number (BVN) and the National Identity…
CEM REPORT, MARKET | The Nigeria Naira has continued to struggle at the exchange market, deprecating further against the Dollar. CEM source confirm that the naira is sold today, Wednesday…
CEM OPINNION, FINANCE | For over four months now, the Monetary Policy Committee of the Central Bank of Nigeria has failed to hold its statutory meeting and the bank has…
CEM REPORT, FINANCE | The end to tension between the telecommunications operators and deposit money banks (DMBs) seems far from sight over the payment of unstructured supplementary service data (USSD)…
CEM REPORT, MARKET | The mounting demand for foreign exchange (FX) – particularly, the dollar – is creating intensified pressure that’s driving buyers to the unregulated parallel market. This trend…
CEM OPINNION, LEGAL | It is a bit of a relief that Godwin Emefiele is finally having his day in court. He now has the opportunity to defend himself, and…
CEM REPORT, FINANCE | Loans to private sector of the Nigerian economy recorded a significant increase of 24.2 per cent in the second quarter of 2022 (Q2’23). The service, industry…
CEM REPORT, ECONOMY | The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised its benchmark interest rate by 15 basis points to 18.5 per cent…