Cardoso Says Remittances To Double As Naira Firms To N1,548/$1
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the remittances of the country is expected ...
Tag: Olayemi Cardoso
Restoring Sanity To Nigeria’s Banking Sector
The Central Bank of Nigeria (CBN) has once again demonstrated its resolve to uphold stability and discipline in the banking ...
CBN Launches DocFlow, MDA Naira Payment Solutions
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso has launched two transformative initiatives, the Document Flow (DocFlow) ...
MPC Moves Meeting To February, Buys Time For Inflation Rebasing
The Monetary Policy Committee meeting, which is held bi-monthly has been postponed to February 17 and 18, three months after ...
CBN Sanctions 9 Banks For Failing To Dispense Cash Via ATMs
The Central Bank of Nigeria (CBN) has sanctioned nine Deposit Money Banks (DMBs) for failing to make Naira notes available ...
2024: A Year Of Economic Strain Marked By Recapitalisation, Revocation, Naira Devaluation
The year 2024 has been a significant one for both the financial industry and the Nigerian economy. From the push ...
Nigeria’s $42.01bn External Reserves Can Finance Importation Of Goods – CBN
The Central Bank of Nigeria (CBN) has announced that the country’s external reserves, now at $42.01 billion, can finance the ...
Economic Reforms: Shettima, Cardoso Set New Targets For Banks
Vice President Kashim Shettima and Governor of the Central Bank of Nigeria Olayemi Cardoso have set new targets for the ...
African Ministers, Central Bank Governors Approve Statute To Establish AMI
Africa Union (AU) has inched closer to realising the establishment of the African Monetary Institute (AMI). It is seen as ...
Forex Market Grows 226% In 6 Months – CBN
Nigerian Autonomous Foreign Exchange Market’s daily turnover surged by 226 per cent in the first half of 2024 compared to ...