The Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, has said that the licensing of 14 new international money transfer operators would improve competition and increase remittances via formal channels. Cardoso said this during the week at the…
The Central Bank of Nigeria has said FX inflows into the country surged by 136 per cent in the first quarter of 2024 compared to last year. CBN governor Olayemi Cardoso, represented by Blaise Ijebor, director of Risk at the…
…Seek increased security of farming communities …Raise interest rate to 26.25% By Seun Ibiyemi and Mathew Denis The Monetary Policy Committee, MPC, members of the Central Bank of Nigeria, CBN, have attributed rising inflationary pressure to food inflation. This was as they…
The Senate, through its committee on Banking, Insurance and other Financial Institutions has summoned the Governor of Central Bank of Nigeria (CBN), Olayemi Cardoso to appear before it on Tuesday. He is to explain the state of the economy and…
By Matthew Denis All hope is not lost despite the persistent rise of the dollar against the Naira ranging between N1000 to N1,200 though the country is gradually taking advantage of the current crisis in the Middle East with high…
The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has reiterated that his leadership would focus mainly on the core mandate of price stability. According to a statement from the CBN, Cardoso disclosed this recently, while playing…
…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…
