CBN Governor Olayemi Cardoso addresses the severe economic impact of Nigeria's N27 trillion ways and means loan. Highlighting inflation and foreign exchange issues, Cardoso explains the necessity of recent interest rate hikes and stresses the importance of market transparency and stability...
CBN Governor Cardoso fires 25 of 29 directors in major shakeup, sparking debates on reform and allegations of tribalism.
In a shocking move, the newly appointed Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has fired 25 out of the 29 directors he inherited upon assuming...
CBN announces the resumption of customer onboarding for Nigerian fintech giants like OPay and Moniepoint. Governor Cardoso underscores the need for enhanced regulatory frameworks to combat money laundering.
The Central Bank of Nigeria (CBN) has announced the forthcoming resumption of customer...
In a bid to address growing concerns over Nigeria's foreign reserves and the performance of the Naira, Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), offered insights during the ongoing Spring Meetings of the International Monetary Fund (IMF) and the World Bank.
Cardoso...
The Senate has greenlit the appointment of 12 individuals to serve as members of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN). This crucial development, following a report from the Committee On Banking, Insurance, and Other Financial Institutions, sets the stage for...
Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN), has been released from custody and promptly taken into the custody of the Economic and Financial Crimes Commission (EFCC). He had been held by the Department of State Services (DSS) since June following his suspension by...
The federal government of Nigeria is on the brink of securing a substantial budget support facility amounting to $1.5 billion from the World Bank, announced Mr. Wale Edun, the Minister of Finance and Coordinating Minister of the Economy. This significant development was disclosed during the...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.