“Cash should no longer be king,” CBN launches initiative to…
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the apex bank is targeting 95 percent financial inclusion…
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Olayemi Cardoso
Nigeria’s net FX reserves hit $34.8bn – Cardoso
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said Nigeria’s net foreign exchange reserves (NEFR) at the end…
Nigeria’s FX reserves rise to $50.4bn – Cardoso
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), has said the…
Nigeria’s foreign reserves now $46.7bn — highest in nearly seven…
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso on Thursday informed the senate committee on banking, insurance and…
Nigeria’s FX market now more transparent with $500m daily turnover —…
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says the country’s foreign exchange (FX) market is now…
Why we can’t introduce new economic intervention schemes for now…
The Central Bank of Nigeria (CBN) says it cannot introduce new intervention programmes because N4.69 trillion of past…
Recapitalisation: CBN updates on number of banks that have met requirements
The Central Bank of Nigeria (CBN) has confirmed that 14 banks have so far met the new regulatory capital requirements.
Governor…
Nigeria’s foreign exchange reserves hits $41bn
Nigeria’s foreign exchange (FX) reserves rose to $41 billion on August 19 – the highest in four years.
The current record marks…
Eight banks have met recapitalisation requirements, others in race to meet…
The Central Bank of Nigeria (CBN) has confirmed that only eight banks have fully met their recapitalisation requirements.
CBN…
Reps summon Finance Minister, CBN Gov over ‘unremitted’ operating surpluses
The House of Representatives has summoned Minister of Finance and coordinating Minister of the Economy, Wale Edun, and Governor of…