Nigeria’s real estate sector has surpassed petroleum in GDP contributions, reflecting economic diversification. Factors behind this boom include significant illicit financial flows and remittances. Despite economic contractions, real estate investments have thrived, with many properties remaining vacant. Government efforts to address the housing deficit face challenges regarding property rights and ownership transparency.
Tag: Central Bank of Nigeria
Banks Must Comply With Payments Confirmation Rules, CBN Says
By Sahabi Abdul Banks operating in Nigeria were directed by the Central Bank of Nigeria to ensure they comply with … More
Central Bank Warns Against Loan, Investment Scams
Friday, 9 October 2020 By Chuks Emele The Central Bank of Nigeria warned members of the public to be wary … More
What’s Naira’s Real Exchange Rate?
By Our Reporters Tuesday, 6 October 2020 The answer to this headline question depends on the respondent. As at today, … More
Nigeria to Regulate Trading in Digital Assets
By Our Reporter Trading in digital cuurencies in Nigeria will come under regulation to make it’s transparent and not detrimental … More
Emefiele’s CBN Punishing Savers, Spawning Abuses, NESG Says
Tuesday, September 8, 2020 The Central Bank of Nigeria under Governor Godwin Emefiele is pursuing policies inimical to the interests … More
Weeky Nuggets
Saturday, September 5, 2020 Nigeria Resumes International Flights, Bars Some Airlines Nigeria resumed international flights of September 5 with the … More
Banks Slash Interest on Savings After CBN Nod
Nigerian banks have moved swiftly to cut the interests paid on savings accounts following a central bank decision to lower … More
Central Bank Lowers Base on Savings Deposit Rates, Now Negotiable
Tuesday, September 1, 2020 The Central Bank of Nigeria lowered the minimum interest rate payable on savings deposits by a … More
Weekly Nuggets
Key developments this week in Nigerian personal finance Saturday, August 29, 2020 Central Bank to Resume Forex Sales to Money … More
Weekly Nuggets
Friday, August 7, 2020 Buhari Signs Digital-Age Companies Law Nigerian President Muhammadu Buhari signed an amended Companies and Allied Matters … More
Daily Market Wrap
By FSDH Research Tuesday, August 4, 2020 Market Insight: The Nigerian equities market continued to trade higher as both the … More
Key Players in Nigeria’s Financial System
The various actors that constitute the Nigerian financial system fall into seven broad groups: Regulators Trading exchanges Exchange facilitators Investment … More
Weekly Nuggets
Saturday, July 17, 2020 CBN Approves Seizure of Debtors’ Funds in Other Banks The Central Bank of Nigeria has given … More
