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…
By Sodiq Adelakun The Central Bank of Nigeria has issued a cautionary statement to Nigeria and other West African nations regarding their borrowing practices. Traditionally, countries in the region have relied on loans from the Paris Club, a group of…
The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso says the Naira is grossly undervalued. Cardoso said this on Tuesday in Abuja, while presenting a communiqué from the 293rd meeting of the apex bank’s Monetary Policy Committee…
…As CBN raises benchmark interest rate to record 22.75% …Forensic analysis fingers $2.4bn false FX claims The Governor of the Central Bank of Nigeria (CBN) has explained that an estimated sum of N10 trillion naira interventions funded by the CBN…
