Chima Nwokoji, Author at Tribune Online

October 30, 2024

THE recent devaluation of the naira, resulting from Nigeria’s decision to liberalize its exchange rate, has intensified financial pressures on...

CBN to commence payment of Forex backlog, Bill of Rights for effective banking experience CBN’s OMO Bills liquidity mop-up Cardoso: Moving the CBN, Cardoso to resign, CBN report: Currency outside Nigerian banks , CBN interest rate 26.75%, debt portfolios Cardoso , Shariah-compliant banks, Cybersecurity levy, CBN adjusted Cybersecurity Levyexchange rate , foreign currency-denominated collaterals , NSA CBN forex, Nigerians commends cardoso

CBN, IFC partner to boost local currency financing

International Finance Cooperation (IFC), a member of the World Bank Group, and the Central Bank of Nigeria (CBN) have signed...

$over two billion credit card users expected globally Q2 FX utilisation favours CBN limit interest rate \ board appointments in 3 banks CBN dolar naira situation, CBN vehicle contract$

Q2 FX utilisation favours financial services—Report

Indications have emerged that there is an ongoing shift in Foreign Exchange (FX) utilisation towards services, mainly financial services, as...

Nigeria’s N134.3trn debt overhang: Servicing costs undermine private investments, economic growth

The Nigerian government’s efforts to finance its 2024 budget deficit have blown its debt sky-high to N134.3 trillion, a staggering...

NSDC set for $1bn sugar import substitution, to increase landmark by over 80,000Ha

The National Sugar Development Council (NSDC) has set 2025 targets to cartelise investment into the sugar industry and eliminate over...

Banking services improving ‘Form A’ applicants to submit

Banking services improving after core bank application system migration

THE recent migration by Deposit Money Banks (DMB) in Nigeria to a new core application system has affected service quality,...

Sub-Saharan Africa’s economy to expand IMF warns against fiscal financial risks of high-debt

Sub-Saharan Africa’s economy to expand by 4.5 percent in 2025, IMF predicts

The International Monetary Fund (IMF) has forecasted that Sub-Saharan Africa’s economy will grow by 3.6 percent in 2024, with an...

Nigeria’s payment system ranks highest in Africa, 6th globally —Adenikinju