[Tree] Access Bank's partnership for net-zero emissions in Nigeria

Version 0.27 (2024-09-29 18:59:02.419000)

updates: Added Access Bank's role in net-zero initiatives

Version 0.26 (2024-08-07 02:20:06.776000)

updates: DBN accreditation by GCF and its impact on Nigeria’s green economy

Version 0.25 (2024-07-24 00:03:02.422000)

updates: SEC DG emphasizes the importance of sustainable finance and urges stakeholders to support the transition to a green economy

Version 0.24 (2024-06-26 19:01:09.959000)

updates: Information about the SEC's plan to drive $1 trillion economy and resolve unclaimed dividends through digital capital market

Version 0.23 (2024-05-28 03:59:55.446000)

updates: Senate Committee clears Agama as SEC DG, Agama's plans for capital market development

Version 0.22 (2024-05-26 14:56:33.831000)

updates: SEC to issue framework on banks recapitalisation

Version 0.21 (2024-05-14 23:57:39.312000)

updates: SEC to collaborate with EFCC on trading manipulations

Version 0.2 (2024-05-11 11:55:16.064000)

updates: EFCC directive bars foreign missions from using foreign currencies

Version 0.19 (2024-05-11 10:56:27.030000)

updates: EFCC bans foreign missions from invoicing in US dollar

Version 0.18 (2024-05-11 09:53:15.700000)

updates: EFCC bans foreign missions from transacting in foreign currencies

Version 0.17 (2024-04-27 08:56:05.412000)

updates: Reno Omokri questions why a school in Nigeria is collecting fees in dollars

Version 0.16 (2024-04-21 23:23:06.432000)

updates: Reno Omokri argues against banning spraying of naira

Version 0.15 (2024-04-20 14:23:25.097000)

updates: The Coalition of Northern Groups condemns high prices of goods

Version 0.14 (2024-04-14 17:23:04.979000)

updates: Includes the perspective of a House of Representatives candidate attributing the Naira's appreciation to the suspension of Binance in Nigeria

Version 0.13 (2024-04-14 17:22:23.128000)

updates: Inclusion of information about the influence of NSA vs Binance on the Naira exchange rate

Version 0.12 (2024-04-13 17:20:29.013000)

updates: Comparison of Tinubu's policy with Buhari's presidency

Version 0.11 (2024-04-07 15:21:33.319000)

updates: Updates on the positive results of Tinubu's unified exchange rate policy in Nigeria's economy

Version 0.1 (2024-04-05 02:21:45.544000)

updates: The Federal Government plans to issue domestic dollar bonds in June to stabilize the currency amid the FX crisis

Version 0.09 (2024-03-29 18:24:01.037000)

updates: Inflow of $1.5 billion into Nigeria's economy

Version 0.08 (2024-03-21 12:22:25.679000)

updates: Updates on naira's potential value and UK-based financial institutions' predictions

Version 0.07 (2024-03-21 00:06:43.094000)

updates: The Central Bank of Nigeria successfully clears $7bn forex backlog

Version 0.06 (2024-03-17 13:24:22.735000)

updates: The CBN has implemented measures to address the collapse of the Naira in the foreign exchange market, including raising the Monetary Policy Rate (MPR) by 400 basis points and deploying Open Market Operations (OMO) to reduce liquidity. The OMO auction was oversubscribed, with 79% of the bids coming from foreign portfolio investors (FPIs), indicating a significant inflow of hot money. However, while hot money is being attracted, foreign direct investment (FDI) is declining. The CBN's strategy of attracting hot money could be risky and short-term. The CBN should consider other elements, such as improved FAAC-allocations and transparency in crude oil sales, to address the FX scarcity. The Naira has lost its function as a store of value, leading to the dollarization of the Nigerian economy. The CBN should collaborate with other government agencies to capture and record inflows from crude oil and non-oil exports. Attracting sustainable FPIs and FDIs requires addressing fundamental issues. The CBN's current strategy may provide temporary relief but is not a long-term solution.

Version 0.05 (2024-02-25 17:18:17.908000)

updates: Central Bank of Nigeria implements new policies to control forex speculators

Version 0.04 (2024-02-18 09:18:06.049000)

updates: Discussion on the role of bankers in Nigeria's economic and currency crises

Version 0.03 (2024-02-10 17:12:56.906000)

updates: Insights into the reasons behind the devaluation of the Nigerian Naira

Version 0.02 (2023-11-26 15:41:05.075000)

updates: Integration of information about the complexities of Nigeria's exchange rate and the importance of economic reforms

Version 0.01 (2023-11-05 18:28:00.755000)

updates: Incorporated information about speculators spreading misinformation and the challenges of Naira redenomination

Version 0.0 (2023-11-05 00:30:18.968000)

updates: