By Matthew Denis, Abuja The Central Bank of Nigeria (CBN) has announced that all valid foreign exchange backlogs have now been settled, fulfilling a key pledge of the CBN Governor, Mr. Olayemi Cardoso, to process an inherited backlog of US$7…
…Justifies relocation of departments, says headquarters currently overpopulated By Sodiq Adelakun In a recent development, the Governor of the Central Bank of Nigeria, Yemi Cardoso, announced on Arise Television that approximately $2.4 billion of the foreign exchange backlog reported as…
…As Cardoso pledges to work with stakeholders to boost forex market liquidity The Central Bank of Nigeria (CBN) has successfully completed the payment of all verified claims to foreign airlines, disbursing an additional $64.44 million to alleviate the backlog of…
…Names four deputies In a bold move to tackle the challenges facing Nigeria’s Central Bank, a formidable team has been assembled. Led by the newly appointed Governor, Olayemi Cardoso, this group of financial wizards is ready to take on the…
