The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has framed the depreciation of the naira as an opportunity for Nigeria to boost its export trade. Speaking at the Nigerian Economic Summit (NES) […]
The Presidency has denied rumors suggesting that President Bola Tinubu asked Yemi Cardoso to resign from his position as the Governor of the Central Bank of Nigeria (CBN). In a statement made via his official […]
The House of Representatives Public Account Committee (PAC) has ordered the Central Bank of Nigeria (CBN) Governor, Mr Olayemi Cardoso to appear before it within 72 hours or faced arrest warrant. Rep. Bamidele Salam, the […]
Turnover in Nigeria’s foreign exchange market increased to $844 million on February 3, the highest level since June 2, 2022, according to data gathered by the FMDQ Securities Exchange Ltd. The amount is three times […]
Olayemi Cardoso, the governor of the central bank, stated that the CBN was responding to the current “overpopulation” at the headquarters by moving departments and staff to other branches. Cardoso stated this in an interview […]
Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, announced that the $2.4 billion in invalid foreign outstanding claims that the central bank discovered are putting pressure on the naira and creating fear in […]
The Central Bank of Nigeria (CBN) is hopeful that the measures it has taken to implement monetary policy are having the desired effect. Isa AbdulMumin, the bank’s director of the corporate communications department, made this […]
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