30 results
- 23 Jul 2019
Why Central Banks Need to Take Human Rights More Seriously
Many central banks are rethinking their approach to the environmental and social impact of their operations. According to Danny Bradlow, SARCHI Professor of International Development Law and…
- 29 Jul 2022
Central Bank of Kenya Bars Banks from Dealing with Flutterwave, Chipper Cash
Central Bank of Kenya (CBK), Kenya’s apex bank, has instructed commercial banks in the country to stop dealing with Nigerian fintechs, Flutterwave Payment Technology and Chipper Technologies. The CBK…
- 18 Jul 2023
CBN, Egyptian Central Bank Ink MoU on 'Nigeria-Egypt FinTech Bridge'
Central Bank of Nigeria (CBN) and the Central Bank of Egypt (CBE), on Monday signed a Memorandum of Understanding (MOU) to establish a Nigeria-Egypt FinTech Bridge. The signing ceremony, took place…
- 22 Mar 2026
CBN Wins Central Bank of the Year Title @13th Global Awards
Central Bank of Nigeria (CBN) has been named Central Bank of the Year 2026 by an awards committee in London. The award recognises the bank’s major reforms that helped stabilise Nigeria’s economy and…
- 1 Feb 2021
Some Africa’s Central Banks Consider Exploring Digital Currencies
Three African countries participated for the first time in a Bank for International Settlements (BIS) survey that shows about a fifth of the world’s central banks are likely to issue their own…
- 13 Jul 2010
Central Bank, Iran, Pakistan Adopt Common Banking Rules
The eight-member developing economies are adopting a common regulatory framework for their banking sectors. Members of the D-8 are Nigeria, Egypt, Malaysia, Turkey, Iran, Bangladesh, Indonesia and…
- 16 Jul 2014
Emefiele Emerges Chairman ECOWAS Central Bank Governors
Mr. Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN) has been elected chairman of Committee of Central Bank Governors of the ECOWAS sub-region. Emefiele who was elected by fellows…
- 21 Aug 2016
Emefiele Emerges President, African Central Bank Governors
Mr Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), has been elected as the President, Association of African Central Bank Governors. The election was conducted at the 39th ordinary…
- 29 Jul 2016
Skye Receives N100Bn from Central Bank
Skye Bank has received more than 100 billion naira in liquidity from the central bank since July 4 to shore up its operations, its new managing director said on Friday. Tokunmbo Abiru told reporters…
- 5 Oct 2015
Central Bank sSys Naira is "Appropriately Priced"
Godwin Emefiele, governor, Central Bank of Nigeria (CBN) has said that the naira is "appropriately priced" and that central bank does not plan any adjustments in the currency for now. Speaking at a…
- 22 Sept 2016
FXTM Analysis: Central Bank Policy Meetings in Focus
A strong feeling of anxiety engulfed the financial markets on Wednesday as investors awaited the heavily anticipated Fed and BoJ central bank policy meeting decisions which have the ability to create…
- 20 Jul 2019
Will the Central Bank of Nigeria join the monetary easing bandwagon?
By Lukman Otunuga, FXTM Research Analyst Unfavorable macroeconomic conditions across the globe have forced major central banks to embark on a monetary easing cycle to protect their respective…
- 25 Jul 2016
Oduoza, UBA Boss Calls For Closer Collaboration Among African Central Banks
Mr Philips Oduoza, outgoing group managing director, United Bank for Africa (UBA) Plc, pan-African banking group, has called for increased collaboration among African central banks in order to drive…
- 31 Jan 2017
Week Ahead: Central Banks & Data Back In Focus
FXTM Chief Market Strategist Hussein Sayed comments on the expected rate rise by the Fed in the week ahead: Although Donald Trump policies will remain to be the key moving indicators for financial…
- 2 Dec 2024
Central Bank of Nigeria Plans Major Workforce Reduction by December 31
Central Bank of Nigeria (CBN) may retire about 1,000 of its employees by December 31, 2024. According to a report by Daily Trust, the exercise will cost the apex bank N50 billion. The move comes as,…
- 12 Dec 2017
Bitcoin Future Trading Kicks Off, Investors Awaiting Central Banks Decisions
Hussein Sayed, chief market strategist at FXTM, comments on bitcoin trading entering a new phase today and how investors are awaiting central banks decisions. Trading bitcoins entered a new…
- 16 Sept 2016
Central Banks Form Task Force on Payments Fraud
A committee of the world's major central banks said on Friday it has launched a task force to examine cyber security in cross-border banking and to ensure interbank payments are protected. "Recent…
- 24 Mar 2020
Will the Central Bank of Nigeria Pull the Rate Cut Trigger?
By Lukman Otunuga, Senior Research Analyst at FXTM, As the coronavirus outbreak creates shockwaves across the globe, central banks and governments are enforcing emergency measures to defend their…
- 23 Oct 2019
Will the Central Bank of Nigeria Cut Interest Rates in November?
By Lukman Otunuga, senior research analyst at FXTM, Rising inflationary pressures in Nigeria will certainly complicate the Central Bank of Nigeria’s efforts to cut interest rates to stimulate growth.…
- 26 Mar 2014
Emefiele Now Central Bank Governor In-Waiting
Godwin Emefiele is now the next Governor of the Central Bank of Nigeria (CBN) in-waiting following Senate confirmation of his appointment on Wednesday. Emefiele will resume in June when the tenure of…
- 17 Mar 2025
Central Bank Defends Naira with $360m in 5-Day
The exchange rate stabilised in the FX market as the Central Bank of Nigeria (CBN), defended the local currency with $360 million, stemming a negative tide from increased demand for the US dollar.…
- 21 Jul 2023
RightCard Secures IMTO License from Central Bank of Nigeria
RightCard Payment Services Limited, a Lemonade Technology Inc. subsidiary, has obtained an International Money Transfer Operator (IMTO) license from the Central Bank of Nigeria (CBN). This milestone…
- 15 Nov 2019
Will the Central Bank of Nigeria Cut Interest Rates in November?
By Lukman Otunuga, Senior Research Analyst at FXTM, Rising inflationary pressures are certainly weakening the case for the Central Bank of Nigeria to cut interest rates from 13.5% anytime soon.…
- 6 Apr 2010
CBN Signs MoU with Malaysian Bank
The Central Bank of Nigeria and Bank Negara Malaysia (Central Bank of Malaysia) has signed a memorandum of understanding to share expertise and exchange relevant information in the areas of banking…
- 15 Feb 2010
CellTrust Pilot Addresses Central Banks Call for More Security
CellTrust Corporation the leading supplier of secure mobile messaging and applications, has announced the launch of its SecureSMS Mobile Banking and Payment Pilot for the African region.…
- 18 Feb 2024
Tinubu Assures AU Leaders of Nigeria's readiness to Host African Central Bank
President Bola Tinubu has spoken about Nigeria's readiness to host the African Central Bank in line with the vision of the Abuja Treaty. Addressing African leaders on Saturday, February 17, at the…
- 26 Oct 2015
Newgen Software Supports Union Bank Central Processing Centre
Newgen Software, a leading global provider of Business Process Management (BPM), Enterprise Content Management (ECM), Customer Communication Management (CCM), and Adaptive Case Management (ACM)…
- 27 Apr 2020
Unlimited Support from Central Banks Keeps Markets Energise
By Hussein Sayed, Chief Market Strategist at FXTM Asian equities kicked off Monday trading on a positive note with most benchmarks rising more than 1%, led by a 2.5% rally in the Nikkei 225. US…
- 13 Apr 2021
CBN Asks Banks to Get on Its Central Credit Management Platform
Central Bank of Nigeria (CBN) has mandated all development finance institutions (DFIs), microfinance banks (MFBs), primary mortgage banks (PMBs) and finance companies (FCs) operating in the country…
- 10 Aug 2016
CBN to Allow Banks Write-off Some Bad Loans this Year
Central Bank of Nigeria (CBN) is to allow banks to write-off bad loans this year that they have already made provisions for to help them to clean up their balance sheets. Pressure has been building…