Survey still rates Soludo best amongst Sanusi, Emefiele as CBN Governor
…As presidency begins replacement search, rules out second tenure Contrary to a recent media analysis by one of Nigeria’s national dailies claiming that outgoing Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele outperformed immediate past two governors including…
Improved structures may compel CBN to restart cashless policy nationwide—Gov
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele at the recent First Bank of Nigeria’s 125 years anniversary gala night dinner, raised hopes of continuing the halted nationwide cashless policy. Recall that the apex bank had in April…
CBN’s fear for FX volatility may compel MPC to leave parameters unchanged—BHIU
As the Central Bank of Nigeria (CBN) begins its second Monetary Policy Committee (MPC) meeting this week, Business Hilights Intelligence Unit (BHIU), an independent economic research arm of Business Hilights publications has disclosed that it expects that majority of its…
Emefiele’s exit hoax, simply means Buhari won’t renew his tenure—Ohaneze chieftain
Fresh interpretation has emerged on the viral rumour trending on social and conventional media since Monday suggesting that the Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has been issued a memo from the presidency to proceed on terminal…
Access Bank shareholders to seal or reject Diamond acquisition or merger March 5
Relying on the orders of Justice O. O. Oguntoyinbo of the Federal High Court, Lagos on January 24, Access Bank has announced the holding of shareholders meeting on March 5, 2019. The court had directed that a meeting of the…
Polaris Bank: Why CBN is weak in investigating collapse, fast in finding buyers
Rather than fishing out officials and accomplices in the collapse of former Skye Bank, the Central Bank of Nigeria (CBN) and Asset Management Corporation of Nigeria (AMCON) may have apparently dumped the publicized probe of the bank officials to seeking…
Twist as CBN differs with Minister on reason behind new national MFB
Contrary to earlier belief that the emergence of the proposed National Micro Finance Bank (NMfB), was as a result of the planned unbundling of Nigerian Postal Service (NIPOST), made nearly useless by advent of communication technology, the Governor of the…
Diamond Bank outsmarts collapse as it downgrades self to national bank
Embattled Diamond Bank Plc, has relied on the recent sale of its London international branch to seek delisting by the Central Bank of Nigeria (CBN), from an international bank to a national bank with immediate effect. The apex bank had…
CBN silent on latest Fitch rating on Tier-1 banks’ over operating environment
Barely four days after the global financial rating agency, Fitch Ratings expressed fresh concerns over government and regulatory ability to support the Nigerian banking industry, the Central Bank of Nigeria (CBN), has remained mute. Fitch had earlier in the week,…
Moody’s report sees Diamond Bank’s solvency crisis deepening
Though the Diamond Bank Plc management had denied any form of talks bordering on either buy over or mega loan discussions with any other bank in Nigeria over revelation of its solvency status, the baseline credit assessment (BCA) and adjusted…
