February 13, 2025/FBNQuest Research Culled: Proshare Data from the Central Bank of Nigeria (CBN) shows that Nigeria’s gross official reserves decreased by almost -US$1.2bn month-on-month (MoM) to US$39.7bn as of end-January 2025. The decrease in January is significant, as it marks the sharpest attrition in the reserves position since April […]
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FBNHoldings Rebrands as First HoldCo Plc
February 12, 2025/NGX FBN Holdings Plc announces a change of its name to First HoldCo Plc (FirstHoldCo). This naming convention will also be adopted across all its subsidiaries. This strategic transformation and rebranding marks a significant milestone in the Company’s journey to redefine its identity, unify its subsidiaries, reinforce its […]
Reflections on a Maturing Stablecoin Market
February 12, 2025/US Federal Reserve By Governor Christopher J. Waller Thank you for inviting me to speak today about stablecoins, an important innovation for the crypto ecosystem with the potential to improve retail and cross-border payments.1 A little over three years ago, I outlined my views on the benefits and […]
