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All Posts in "Money Market"

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
Inflation pushed consumer credit to N4.4tn in November – CBN

Inflation pushed consumer credit to N4.4tn in November – CBN

Nigeria’s consumer credit outstanding rose significantly by 26.29 per cent to N4.42tn in November 2024,…
by Onah Daniel Oita — February 18, 2025 in Money Market 0
CBN Unveils N700bn Treasury Bills Amid Liquidity Strain—Investors Brace for Rate Shift

CBN Unveils N700bn Treasury Bills Amid Liquidity Strain—Investors Brace for Rate Shift

As Nigeria’s financial markets navigate a period of tight liquidity, the Central Bank of Nigeria…
by Benjamin A Ameh — February 17, 2025 in Money Market 0
Nigeria’s Forex Liquidity Under Pressure as Reserves Plunge to $39.15Bn Amid Rising Foreign Obligations

Nigeria’s Forex Liquidity Under Pressure as Reserves Plunge to $39.15Bn Amid Rising Foreign Obligations

The persistent depreciation of the Naira over the past eight days has reignited concerns over…
by Benjamin A Ameh — February 15, 2025 in Business 0
CBN Rakes in ₦1.4 Trillion from OMO Bills as Investors Chase High-Yield Naira Assets Amid Inflation Surge

CBN Rakes in ₦1.4 Trillion from OMO Bills as Investors Chase High-Yield Naira Assets Amid Inflation Surge

A Deep Dive into CBN’s Monetary Policy Maneuvers The Central Bank of Nigeria (CBN) on…
by Benjamin A Ameh — February 15, 2025 in Business 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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