CENTRAL BANK OF NIGERIA (CBN) Archives - Global Upfront Newspapers

Stop This Cash Crunch

Global UpfrontDec 16, 2024December 16, 20240

Daily Trust Editorial of Monday December 16, 2024 The era of cash crunch is here again. For weeks, Nigerian banks have been implementing capped cash

PoS And Transfer Pricing: Nigeria’s Cashless Dilemma

Global UpfrontDec 12, 2024December 12, 20240

By Abidemi Adebamiwa Nigeria’s move to a cashless economy is a tremendous change, offering more convenience and easier ways to manage money. At the center

Market Forces: Tinubu’s Evil Genius

Global UpfrontSep 12, 2024September 12, 20240

“We want capitalism and market forces to be the slave of democracy rather than the opposite” – Thomas Piketty Two notable agencies of the federal

Crash of a Titan: The Dramatic Fall of Oba Otudeko, Once Nigeria’s Boardroom Tsar

Global UpfrontAug 17, 2024August 17, 20240

Once the face of dominance in Nigeria’s financial sector, Oba Otudeko’s dramatic fall from grace is a cautionary tale of power undone by hubris. The

Dormant Accounts & Unclaimed Balances: CBN Tightens Rules

Global UpfrontJul 20, 2024July 20, 20240

The Central Bank of Nigeria (CBN) has issued revised guidelines on the management of dormant accounts, unclaimed balances, and other financial assets in Nigerian banks

Lest We Tar The CBN With Emefiele’s Brush

Global UpfrontJun 11, 2024June 11, 20240

By Isidore Emeka Uzoatu. Recent developments in the country’s economic sector have become causes for concern to all patriots. That is, if that word still

Revocation Of Heritage Bank Licence: Peter Obi Calls For “Immediate And Full Payment” For Bank Depositors

Global UpfrontJun 4, 2024June 4, 20240

The Presidential candidate of Labour Party (LP) in last year’s election, Peter Obi, has called for “immediate and full payment” for Heritage Bank depositors to

No To Cybersecurity Levy, Daily Trust Editorial of Sunday May 12, 2024

Global UpfrontMay 12, 2024May 12, 20240

As Nigerians grapple with unprecedented high cost of living due to fuel subsidy removal, flotation of the naira, hike in electricity rate for Band A

Naira Regresses To 1,510/$ Despite CBN’s Interventions

Global UpfrontMay 12, 2024May 12, 20240

The depreciation of the naira continued over the weekend as the currency traded at N1,510 to a dollar at the parallel market and 1,466.31 at

Suspend Implementation Of “Ambiguous” Cybersecurity Levy, House Of Reps Direct CBN

Global UpfrontMay 9, 2024May 9, 20240

The House of Representatives on Thursday directed the Central Bank of Nigeria (CBN) to withdraw the circular directing all banks to commence charging a 0.5