Tinubu names Dangote, Elumelu, and others members of economic advisory committee
President Bola Tinubu on Sunday, inaugurated an Economic Advisory Committee made of up eminent players in the economic sector, including Aliko Dangote, Tony Elumelu, among others. The committee which was set up to help the Tinubu’s administration tackle the myriad of economic challenges faced by the federal government, was charged by the President to come up […]
Daily Market Report (June 3rd 2024)
CBN mops up N1.51trn in four months to stabilize economy.
The President of the Association of Bureau De Change of Nigeria, Aminu Gwadebe, has said that members of the association would consider mergers if the proposed guidelines for their operations go into effect. The Central Bank of Nigeria, in a draft paper titled ‘Revised Regulatory And Supervisory Guidelines For Bureau De Change Operations In Nigeria’ […]
NNPC to domicile portion of revenue, banking services with CBN
A statement jointly signed by the Chief Corporate Communications Officer(CCCO) of NNPC Limited and the Acting Director, Corporate Communications Department, CBN, Hakama Sidi Ali, quoted the Group Chief Executive Officer of NNPC Ltd, Mallam Mele Kyari, and the Governor of CBN, Dr Olayemi Cardoso, as agreeing to the strategy at a meeting in Abuja on […]
THOUGHTS ON THE CBN GOVERNOR’S SPEECH AT THE CHARTERED INSTITUTE OF BANKERS OF NIGERIA (CIBN) 58TH ANNUAL BANKER’S DINNER
https://www.cbn.gov.ng/Out/2023/CCD/Governor_Address_CIBN_AnnualDinner_24Nov_Ver2%20Lagos%202.pdf At the 58th Annual Banker’s Dinner organized by the Charted Institute of Bankers of Nigeria (CIBN), the central bank governor Mr Olayemi Cardoso highlighted some of his thoughts on the Nigerian economy and operations of the apex bank which have implications on the investing community. The key points raised that we believe would have […]
