Non-bank Transactions Surge Threatens W’Africa’s Financial Stability – Cardoso The Governor of the Central Bank of Nigeria, Yemi Cardoso, has raised concerns about the growing volume of financial transactions by non-bank and Other Financial Institutions, saying they pose significant risks to the stability of the...

CBN Parleys OPS to Boost Productive Sector The Central Bank of Nigeria (CBN) recently hosted a dialogue between the Organised Private Sector (OPS) and relevant stakeholders to explore strategies for enhancing Nigeria’s productive sector. The meeting held at the bank’s Lagos office focused on exploring how...

Ways and Means and Nigeria’s Debt Situations By Abdulrahman Abdulraheem Nigeria is regarded as one of the potentially wealthy and resource-rich countries in the world even though that huge potential is yet to translate into real economic prosperity for the nation. Just like Oliver Twist, even...

CBN Shuts Down FX Price Verification Portal for Importers July 1 The Central Bank of Nigeria says it will discontinue the foreign exchange price verification system portal used by importers from July 1. It also noted that the Price Verification Report will no longer be a...

CBN and Reputation Management By Abdulrahman Abdulraheem In his all-time best seller, “48 Laws of Power,” Robert Greene’s 5th law for gaining, sustaining and keeping power has to do with Reputation. In fact, he advises men of power to guard their reputation with their lives and...

CBN: Turning Brain Drain to Brain Gain Through Diaspora Remittances  By Abdulrahman Abdulraheem Greener pastures and brain drain are two phrases that made it into Nigeria’s national lexicon in the 70s and 80s as the country’s youths began to emigrate in droves in search of the...