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The Central Bank of Nigeria (CBN) on Tuesday, November 25, defended its tight liquidity stance, saying that the foreign exchange (FX) rate of the Naira to the Dollar is now market-driven, “more open and transparent.” The post CBN says foreign exchange rate now market-driven, retains high cash reserve ratio appeared first on Nairametrics.
Read moreThe Central Bank of Nigeria (CBN) has revealed that 16 banks have met its recapitalisation threshold, marking steady progress in the industry’s efforts to strengthen balance sheets and comply with new regulatory requirements ahead of the March 2026 deadline. The post Cardoso: 16 banks have met CBN recapitalisation threshold appeared first on Nairametrics.
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