Tag: Yemi Cardoso

"It will catalyze economic growth and advance the Federal Government’s agenda for economic diversification."

He explained that the initiative is part of efforts to ensure that Nigerians irrespective of their location anywhere in the ...

Mr Cardoso explained that CBN anticipated the price increase and used the interest rate hike to cushion its inflationary impact.

"We inherited a reserve of over $33 billion 16 months ago. Since then, we have paid back the inherited forex ...

Mr Cardoso also said that an assessment of the performance of Nigeria’s financial institutions indicated that they were stable.

The CBN also clarified that any Ways and Means Advances provided must be repaid by the end of the fiscal ...

The CBN instructed each BDC to sell the dollars to eligible customers at a rate not exceeding 1.5 per cent ...

Convicted felons should be made to serve long jail terms, while their vessels and trucks are forfeited to the government.

As of 27 March, the post had gained more than 271,500 views, 715 reactions, 178 comments, 377 retweets and 46 ...

At the Investor’s and Exporters (I&E) window, the Naira traded between N1,486 and N1,300 against the dollar.

Four issues involving CBN came up for discussion at the upper legislative chamber last week.

The last meeting of the MPC was held in July 2023, and was presided over by the then-acting CBN governor, ...

Senator Ndume said he dissuaded his daughter from quitting her job at the CBN.

“The government is very concerned about what Nigerians are going through, especially what happened in Minna yesterday.

Mr Abiru said the service chiefs will appear before the Senate on Wednesday and Thursday to discuss the possible solutions ...

The CBN hired Deloitte to investigate the forex claims to get a true picture of things, Yemi Cardoso said.

The committee asked the CBN Governor to appear before it on Tuesday next week.

Ex-CBN Governor, Godwin Emefiele, had announced restriction on cryptocurrency transactions due to the money laundering and terrorism risks they posed.

The lawmakers said the CBN policy will have a negative impact on local production by exposing the Nigerian market to ...

“Reform may be painful, but it is what greatness and the future require,” President Tinubu said.

“Those that want to do business in Nigeria, they want to see that the coast is clear, and if they ...

"Many parts of the country were affected by the unrest, but Lagos remains the worst hit," the CBN governor said.

Governor Sanwo-Olu says the state government has received a deluge of offers locally and internationally to help rebuild Lagos after ...