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‘Big Bang’ Approach Required to Strengthen Fiscal Buffer, CBN Insists

Obinna Chima The federal government requires what has been described as a ‘big bang’ approach, not incrementalism, to strengthen the country’s weak fiscal buffer. The Deputy...

With Two PSB Licences, Telcos Set to Deepen CBN’s Financial Inclusion

Emma Okonji and Nosa Alekhuogie Fresh facts have emerged that two out of the three institutions the Central Bank of Nigeria (CBN) recently granted Approval-in-Principle...

CBN Lists Benefits of Digitisation to Banking Supervision, Regulatory Compliance

Hamid Ayodeji The Central Bank of Nigeria (CBN) has said digitisation supports effective supervision of the financial system, data access and management. The CBN Deputy Governor,...

Targeting Increased Lending, CBN Raises Loan Ratio to 65%

•Sets December 31 deadline for new target Nume Ekeghe with agency report The Central Bank of Nigeria (CBN) has once more increased the minimum loan-to-deposit ratio...

The Lingering Appetite for Rate Cut

Given the new condition set for the possible reduction in monetary policy rate (MPR), the monetary and fiscal authorities must work to ensure the...

Mailafia, Ex-CBN Dep Gov, Wants Salary Cuts for Public Servants

• FG’s recurrent expenditure in 2018 stood at N5.85 trillion while total revenue earned was N3.86 trillion Ndubuisi Francis in Abuja Amid dwindling revenue and rising...

CBN Reschedules MPC Meeting

* Meeting fixed for Thursday, Friday Obinna Chima The Central Bank of Nigeria (CBN) has rescheduled its Monetary Policy Committee (MPC) meeting for September earlier planned...

Zenith Bank Appoints Two New Directors

The Board of Directors of Zenith Bank Plc has approved the appointment of Mr. Henry Oroh as Executive Director and  Dr. Al-Mujtaba Abubakar, as...

CBN to Partner with Varsities to Boost Poultry Production

By James Emejo in Abuja The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, Monday said the apex bank has initiated a...

Buhari Nominates Emefiele for Another Term

President Muhammdu Buhari may have nominated the Central Bank Governor, Mr. Godwin Emefiele, for a second term, THISDAY checks have revealed. It was gathered Thursday...