Tag: Cardoso, CBN
Nigerias $52bn Foreign reserves to protect FX stability, says Cardoso
Central Bank Governor, Olayemi Cardoso, says Nigeria is building its external reserves to provide protection against shocks and excessive currency volatility, not...
Report says Nigerian banks’ assets reach N180.37trn, 41.8% GDP
Report Deposit Money Banks (DMBs) in Nigeria have recorded total assets of N180.37 trillion,...
CBN Revokes Licenses of 46 Microfinance Banks +Full List
CBN Revokes Licenses of 46 Microfinance Banks +Full List The Central Bank of Nigeria (CBN) has revoked the licenses of 46 Microfinance Banks over alleged failure...
CBN announces Shake up, deputy governors redeployed
CBN Governor Cardoso The Central Bank of Nigeria (CBN) has announced a reshuffle involving its Deputy Governors, with the changes taking effect from...
CBN holds interest rate at 26.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained Monetary Policy Rate (MPR) at 26.5% at it’s meeting that...
NCC, CBN Sign MoU for Consumer Safety, Inaugurate Committees for Protection against Fraud
Caption L – R: Olatokunboh Oyeleye, Director, Cybersecurity and Internet Governance, Nigerian Communications Commission, NCC; Dr. Aminu Maida, Executive Vice...
Naira closes week with minimal loss at official market
Naira The Naira closed the week with slight loss at the official market, trading at N1,343.63 against the U.S. dollar. According to data...
Naira gains N12.50 at official market
The Naira on Thursday further appreciated at the official market trading at N1,359.31 against the US dollar. According to data released on the official website of...
Nigeria’s Monetary Reset: How the CBN Earned Global Central Bank of the Year
Nigeria’s Monetary Reset: How the CBN Earned Global Central Bank of the Year In a world where central banks are judged by credibility, discipline, and the...
CBN spells new deadline for Banks,Fintech on automated AML systems
CBN spells new deadline for Banks,Fintech on automated AML systems Banks, mobile money operators, international money transfer operators and other...
