CBN
- BUSINESS
Banks Cut Reliance on CBN Facilities, but How Will it Affect Loans and Investments?
Nigerian banks sharply reduced their reported use of the CBN’s standing deposit and lending facilities in October. While the movement…
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NCGC Unlocks ₦64.13bn Loans as Nigeria Tests New Credit-Guarantee Model
Nigeria’s National Credit Guarantee Company has deployed ₦30.19 billion in guarantees to support ₦64.13 billion in loans for 174,495 borrowers.…
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J.P. Morgan, Chevron Demand Stronger Nigeria Investment Guarantees
J.P. Morgan, Chevron and telecommunications operators say Nigeria’s reforms have improved the investment environment. Their commitments, however, come with a…
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JPMorgan Moves Deeper into Nigeria: But Will the Capital Reach the Economy?
JPMorgan’s approval-in-principle for a Nigerian merchant bank signals renewed global interest, but its real value will depend on whether it…
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NCC Takes Phone-Number Fraud Fight Beyond Telecoms with TIRMS Expansion Plan
The NCC plans to extend its phone-number risk-verification system across banking, pensions, e-commerce and other sectors. The initiative could curb…
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Fresh Capital: Banks Raise ₦4.65tn, Inflation Falls, Reserves Cross $55bn – Cardoso
Nigeria’s banks have mobilised ₦4.65 trillion in fresh capital as inflation eases and external reserves strengthen. The bigger question is…
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Cardoso Puts MPC Independence at the Heart of CBN Credibility Reset
Olayemi Cardoso says independent external voices, rigorous debate and clearer communication will anchor the CBN’s credibility reset. Markets, however, will…
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CBN After MPC 307: Can Nigerian Banks Fund SMEs, Economic Growth Better?
CBN’s MPC 307 may have reset Nigeria’s monetary policy temperature, but it has also exposed a deeper banking question: will…
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Nigeria Links Late-Tax Interest to Market Rates from October 1
From October 1, Nigeria will calculate interest on late naira-denominated tax payments at the Central Bank of Nigeria’s Monetary Policy…
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AI Fraud Detection in Nigerian Banking Can Technology Rebuild Trust Faster Than Regulation Alone
AI can help Nigerian banks detect fraud faster than rule-based systems, but trust will only be rebuilt when predictive technology…
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