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All Posts in "Money Market"

Deposit Insurance: The Unseen Guardian of Financial Stability and Depositor Confidence

Deposit Insurance: The Unseen Guardian of Financial Stability and Depositor Confidence

In the early 1990s, Nigeria’s financial sector experienced one of its most turbulent periods. A…
by Benjamin A Ameh — February 23, 2025 in Business 0
Cardoso Champions Stronger Nigeria-Saudi Ties, Pledges Deeper Economic Collaboration

Cardoso Champions Stronger Nigeria-Saudi Ties, Pledges Deeper Economic Collaboration

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reaffirmed the…
by Benjamin A Ameh — February 23, 2025 in Feature 0
CBN’s MPC Hits the Brakes on Rate Hikes: A Strategic Pause Shaping Nigeria’s Economic Future

CBN’s MPC Hits the Brakes on Rate Hikes: A Strategic Pause Shaping Nigeria’s Economic Future

A Pivotal Shift in Monetary Policy For nearly two years, Nigeria’s Monetary Policy Committee (MPC)…
by Benjamin A Ameh — February 21, 2025 in Business 0
“CBN’s Decision to Hold MPR at 27.50%: What It Means for Nigerians”

“CBN’s Decision to Hold MPR at 27.50%: What It Means for Nigerians”

The Central Bank of Nigeria (CBN) has decided to retain the Monetary Policy Rate (MPR)…
by Benjamin A Ameh — February 20, 2025 in Business 0
CBN’s New Directive on Dormant Accounts: A Reflection on Nigeria’s Financial Transparency Drive

CBN’s New Directive on Dormant Accounts: A Reflection on Nigeria’s Financial Transparency Drive

The Central Bank of Nigeria’s (CBN) recent directive mandating banks and financial institutions to publish…
by Benjamin A Ameh — February 19, 2025 in Business 0
Nigeria’s Cash-Heavy Economy: Rising Inflation, Limited Credit, and Financial Struggles for Citizens

Nigeria’s Cash-Heavy Economy: Rising Inflation, Limited Credit, and Financial Struggles for Citizens

The Rising Tide of Cash Usage in Nigeria In a significant shift within Nigeria’s financial…
by Benjamin A Ameh — February 19, 2025 in Business 0
Countdown to Stanbic IBTC Holdings Plc’s Rights Issue: 3 Days Left to Subscribe at NGN50.50 Per Share

Countdown to Stanbic IBTC Holdings Plc’s Rights Issue: 3 Days Left to Subscribe at NGN50.50 Per Share

With just three days remaining, investors have a final opportunity to participate in Stanbic IBTC…
by Benjamin A Ameh — February 19, 2025 in Business 0
“10th Lagos City Marathon: Access Bank Restates Commitment to Community and Sustainability”

“10th Lagos City Marathon: Access Bank Restates Commitment to Community and Sustainability”

L-R: Shehu Dikko, Chairman, National Sports Commission; Chizoma Okoli, Deputy Managing Director, Access Bank Plc;…
by Benjamin A Ameh — February 19, 2025 in Money Market 0

CBN orders bank directors with bad loans to resign

The Central Bank of Nigeria has ordered bank directors with non-performing insider-related loans to immediately…
by Onah Daniel Oita — February 19, 2025 in Money Market 0
CBN Cracks Down on Insider Loans: Bank Directors with Non-Performing Debts Ordered to Step Down Immediately

CBN Cracks Down on Insider Loans: Bank Directors with Non-Performing Debts Ordered to Step Down Immediately

A Legacy of Lapses and Reform in Nigeria’s Banking Sector   CBN Governor, Olayemi Michael…
by Benjamin A Ameh — February 18, 2025 in Feature 0

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In the early 2006s, the digital era was transforming the way Nigerians consumed news. Amidst the cacophony of emerging platforms, The Ameh News quietly launched with a singular mission: to deliver accurate, timely, and impactful stories that cut through the noise.

At first, the site was a modest project driven by a small but passionate team of journalists. They worked tirelessly, often burning the midnight oil to curate stories that not only informed but empowered readers. Unlike many of its contemporaries, Ameh News rejected sensationalism, choosing instead to highlight the intricate dance of business, economy, and policy that shaped Nigeria’s future…Continue Reading

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