The Monetary Policy Committee of the Central Bank of Nigeria has increased the benchmark lending rate to 26.75 per cent. The hike in the Monetary Policy Rate was disclosed by the Governor of the CBN, Olayemi Cardoso, at the end…
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said the country’s external reserve increased to $36.89 billion as of July 16 2024 amid the banks’ policy interventions. Cardoso disclosed this on Friday in Abuja during an engagement…
The Central Bank of Nigeria (CBN) said in Abuja on Friday that its monetary policies and actions have stimulated growth and stability of the nation’s economy. CBN Governor, Mr. Olayemi Cardoso, said this during an engagement with Senate Committee on…
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has said that persistent inflation could prolong monetary tightening measures and hinder the nation’s growth potential. He said this in the foreword of the inaugural edition of the CBN’s…
Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso has expressed concerns on how the continued hike of interest rates may make the country unattractive for investments. The Governor was expressing his concerns while commenting on the Apex’s…
The Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso, has said that interest rates will remain high until the inflation rate is tamed. Cardoso, who said that the CBN Monetary Policy Committee, MPC, was taking all necessary measures…
The Governor of the Central Bank of Nigeria (CBN), says monitoring and evaluation of development projects is crucial to the overall success of such projects. Cardoso said this on Monday in Abuja at the opening of a regional workshop on…
…Reflects on lessons learned in first six months as CBN boss …As CBN, Ministry of Finance forge strong alliance to combat inflation By Sodiq Adelakun The Governor of the Central Bank of Nigeria, Mr. Yemi Cardoso has clarified the stance…
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso will speak on foreign exchange (FX) market reforms at the ongoing International Monetary Fund (IMF) Spring Meetings on Wednesday in Washington D.C. The meetings of the Boards of Governors…
…Naira gains N660 since BDCs’ return to FX market By Seun Ibiyemi The Association of Bureaux de Change Operators of Nigeria (ABCON) has lauded the decision of the Olayemi Cardoso-led Central Bank of Nigeria (CBN) to recall Bureaux De Change…
