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 ...
Tag: Olayemi Cardoso
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 ...
Reps Summon CBN Gov, Bank CEOs, Others Over Unregistered PoS Operators
The House of Representatives has mandated its relevant committees to invite the Governor of the Central Bank of Nigeria (CBN), ...
CBN Tightens Interest Rates To Curb Persistent Price Surge
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday, voted to further raise official interest rates by ...
IFC, CBN’s $1bn Agreement To Boost Forex Inflow
The Central Bank of Nigeria and the International Finance Corporation (IFC), a member of the World Bank Group, recently signed ...
Cardoso Presents 1-Year Scorecard, Reiterates $1bn Remittance Target
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has highlighted the milestones in the bank’s ongoing economic ...
