Why We Floated The Naira – Cardoso
The Governor, Central Bank of Nigeria, CBN, Mr Olayemi Cardoso, has said that the apex bank under him took the ...
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Tag: CBN
Tinubu did not tell CBN governor to resign
President Bola Tinubu has not asked Yemi Cardoso to resign from his position as the Governor of the Central Bank ...
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CBN directs payment service provider to track POS transactions
The Central Bank of Nigeria (CBN) has directed payment service providers to begin the tracking of all Point of Sale ...
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CBN Sells $20,000 To BDCs At ₦1,580
The Central Bank of Nigeria has announced the sale of dollars to Bureau De Change operators. This was disclosed by ...
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CBN Sacks all Executive Directors in NIRSAL
Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has cancelled the appointments of all executive directors at the Nigeria ...
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CBN Recorded Highest Remittance Inflow Of $553 Million In July
The Central Bank of Nigeria has announced a significant increase in remittance inflows, reaching $553m in July 2024. It said ...
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CBN should not direct funding SME’s and MSEM’S- Moghalu
Former presidential candidate and economist, Kingsley Moghalu has faulted direct funding of Small and Medium Enterprises (SMEs) and Micro, Small ...
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Nigeria’s Inflation Drops, First Time Since 2022
Nigeria’s inflation fell to 33.40 percent in July 2024 from 34.19 percent in June on a year-on-year basis. This is ...
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CBN Approves Unity Bank, Providus Bank Merger
The Central Bank of Nigeria (CBN) has granted approval for a financial accommodation to support the proposed merger between Unity ...
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Nigeria’s FX Reserves Defy Forecasts, Rise To $35.9 Billion
Nigeria foreign exchange reserve has increased to $35.93bn as of July 18 despite predictions of a slump. This represents a ...
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