The Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, has stated that it will soon be able to slow down increases in the benchmark interest rate. Cardoso said…
The Central Bank of Nigeria (CBN) has raised the alarm over the increasing transaction volumes of Non-Bank Financial Institutions (NBFIs) and Other Financial Institutions (OFIs) which he said posed major…
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, says inflationary pressure has started dropping as a result of the central bank’s policy measures, which aim to reduce the…
The Central Bank of Nigeria (CBN) has continued with the disengagement of staff in furtherance of its ongoing restructuring as it sacked a fresh batch of 40 staff mostly from…
Barely 48 hours after restating the need to increase the capital base of Deposit Money Banks for improved productivity, the Central Bank of Nigeria has announced new guidelines on its…
In a startling revelation, the Central Bank of Nigeria (CBN), Governor Yemi Cardoso, has disclosed that law enforcement agencies are investigating foreign exchange forwards valued at approximately $2.4 billion. Cardoso…
The Senate has said it will quiz some officials of the Central Bank of Nigeria on how the N30tn Ways and Means loan was obtained and spent by the Federal…
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has vowed to pursue an aggressive regulatory environment to reduce infractions in the country’s banking system. He said this on…
The House of Representatives Public Accounts Committee, on Tuesday, summoned the Governor of the Central Bank of Nigeria, Olayemi Cardoso, to unfailingly appear before it on March 5, 2024 over…
The Monetary Policy Committee of the Central Bank of Nigeria has increased the benchmark interest rate by 400 basis points to a record 22.75%. The CBN Governor, Olayemi Cardoso, disclosed…