central bank policies

  1. CBN's Efforts Ineffective as Naira Falls to N1960 against Euro

    Nigeria CBN's Efforts Ineffective as Naira Falls to N1960 against Euro

    The Nigerian Naira has reached an unprecedented low, hitting N1960 per Euro in the black market, marking a significant decline of 5.36% from the previous day. This historic depreciation comes amidst persistent demand pressures and soaring inflation, which rose to 29.90%, as reported by the...
  2. CBN Governor Olayemi Cardoso Reveals How Tough Reforms are Shaping Nigeria's Financial Future

    Nigeria CBN Governor Olayemi Cardoso Reveals How Tough Reforms are Shaping Nigeria's Financial Future

    In an exclusive interview with ARISE NEWS, the Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, unveiled crucial policies and reforms aimed at strengthening the nation's economic landscape. Cardoso addressed the $7 billion outstanding foreign exchange liabilities of the...
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