Tag: Olayemi Cardoso
CBN’s Data Says Nigeria’s FX Reserves Have Hit $34.14bn
Nigeria’s reserves have continued an upward trajectory, hitting $34.14bn on Friday, having appreciated by 4.06 per cent from $32.74bn on June 3, 2024, data...
Bank Recapitalization: CBN Insists On Enforcement Of Stringent Criteria
The Central Bank of Nigeria (CBN) has informed it will enforce stringent criteria for its ongoing bank recapitalization programme.
It said the strict criteria will...
Public Hearing On CBN, NDIC Bills Postponed By Senate
The Senate Committee on Banking, Insurance and other Financial Institutions on Tuesday postponed its public hearing on the Central Bank of Nigeria (CBN) Act...
Excitement As Nigeria’s Naira Sustains Rally Across Markets
The Nigerian naira has strengthened further across the foreign exchange (forex) markets amid expectations that the national currency will continue to gain weight in...
Nigerian Banks Capable Of Meeting CBN’s Target – ACAMB
The Association of Corporate & Marketing Communication Professionals of Banks (ACAMB) has assured the banking public that banks in the country have the wherewithal...
Presidency Cautions Speculators As Naira Appreciates To N1,382/Dollar
The naira maintained a steady appreciation against the United States dollar on Thursday, gaining N18 to close 1,382/$ at the official market.
This came as...
CBN Gov To Be Invited By Senate Over N30trn Ways &...
The Senate Ad-hoc Committee probing the N30tn Ways and Means loans to the Federal Government has discovered 13 infractions in the process of obtaining...
Boost For Food Production: CBN Provides N100bn Fertilizers
The Central Bank of Nigeria has handed over N100bn worth of fertilizers to the Federal Ministry of Agriculture and Food Security to boost food...
Naira’s Unprecedented Free Fall: CBN Gov Summoned By Senate
The Senate, on Wednesday, through its Committee on Banking, Insurance and other Financial Institutions, summoned the Governor of Central Bank of Nigeria, Olayemi Cardoso,...
All Set For CBN To Revise Measures To Cut Food, Energy...
A new price management and stability framework that will lead to improvement in average living standards is underway.
The inflation management plan, soon to be...
