Relief as CBN clips off FX backlog
The Central Bank of Nigeria (CBN) has begun to clear the backlog of foreign exchange forward contracts, a move that is expected to bring relief […]
CBN
CBN assures of sufficient stock of currency notes
The attention of the Central Bank of Nigeria (CBN) has been drawn to reports of alleged scarcity ofcash at banks, automated teller machines (ATMs), Points […]
NSPMC: Senate probes naira notes redesign
The Senate has resolved to investigate the printing of new Naira notes by Nigerian Security Printing and Minting Company Plc (NSPMC) in 2022. The Central […]
CBN: No plans to redenominate the Naira
The attention of the Central Bank of Nigeria (CBN) has been drawn to the wide circulation ofa text message suggesting that the Bank plans to […]
House of Reps invite CBN Gov over FX new policy
The House of Representatives is to invite the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, over the new policy lifting forex restrictions […]
CBN vows to intervene in FX market, lifts forex ban on 43 items
The Central Bank of Nigeria (CBN) has lifted the forex ban on 43 items and also promised to intervene in the FX market from “time […]
CBN restates commitment to boosting liquidity in FOREX market
The Central Bank of Nigeria (CBN) has restated its commitment to promote orderliness and professional conduct by all participants in the Nigerian Foreign Exchange (FOREX) […]
Exclusive: How Tinubu’s investigative committee discovered fresh N3 trillion COVID loans, anchor borrowers’ fund mismanaged by Emefiele
A fresh revelation from the investigative committee set up by President Bola Tinubu has revealed that former Central Bank Governor, Godwin Emefiele stole N3 trillion […]
See full list of CBN governors from 1958 till date
Olayemi Cardoso’s appointment as the governor of the Central Bank of Nigeria was approved by the Senate on Tuesday. Analysts and commentators see a difficult […]
NEC Assures Nigerians, says CBN will use $3billion loan-for-crude oil funds to stabilise country’s currency
The Nigerian government has stated that $ 3 billion emergency loan for crude oil secured in August would be deployed to stabilise the naira. The […]
‘I will shoot GDP to $1trn in 8 years’ – New CBN boss, Cardoso vows
The newly confirmed Central Bank of Nigeria (CBN), Governor, Dr. Olayemi Cardoso,o has disclosed plans to shore up the country’s Gross Domestic Product, GDP, to […]
Senate to screens CBN new boss, deputies today
The Senate will today (Tuesday) screen the acting Governor of the Central Bank of Nigeria, Dr. Olayemi Cardoso, for confirmation into a substantive capacity alongside […]
CBN launches new platform to ease microfinance bank licence application
The Central Bank of Nigeria (CBN) has unveiled a new online platform for the submission of microfinance bank (MFB) licence applications to ease the process. […]
New CBN boss faces tough test amid FX crisis, rising rates
The newly nominated Governor of the Central Bank of Nigeria, Yemi Cardoso, has to tackle the country’s foreign exchange shortage and the double-digit interest rate […]
Olayemi Micheal Cardoso Bio: Career, education, parents, family of the new CBN boss
Olayemi Micheal Cardoso is a Nigerian banker, chartered stockbroker and public policy maker who serves as the Acting Governor of the Central Bank of Nigeria. He […]