Inflows through IMTOs surge by 63.7% in nine months on CBN reforms
The Central Bank of Nigeria’s (CBN) latest quarterly statistical bulletin has revealed a significant 63.7% increase in international money transfer ...
Tag: Olayemi Cardoso
Naira gains N126/$ in less than a week amid CBN’S Reforms in Nigerian FX Market
The Nigerian naira broke key resistance levels at the Nigerian Autonomous Foreign Exchange Market as the Central Bank of Nigeria ...
CBN tells Nigerians to report cash withdrawal issues from December 1, banks to face penalties
The Central Bank of Nigeria (CBN) urges bank customers to report ATM and branch cash withdrawal difficulties starting December 1, ...
CBN Governor says FX Matching System will correct Naira’s true Value
Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has revealed that the soon-to-be-introduced electronic FX matching system will address the ...
Naira has been stable since June, Cardoso says
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, asserted that the value of the naira has shown ...
No going back on orthodox monetary policy, CBN governor says
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, emphasized that the country's monetary policy would remain focused ...
Naira ends week strongly, Settles at N1,600/$ in official market
The naira showed mild strength against the haven currency in the last trading session of the week in the official ...
Nigeria is considering U.S. Diaspora Bond as CBN targets $1B monthly remittance
Nigeria is contemplating the issuance of a diaspora bond in the United States next year, aiming to secure monthly remittance ...
FG appoints Edun, Cardoso, and 8 others to enforce supreme court judgement on LGA autonomy
The federal government has appointed a 10-man inter-ministerial committee comprising of the Minister of Finance, Wale Edun, Governor of the ...
Three MPC members vote to retain interest rate at 26.25% during July meeting
At least three members of the Monetary Policy Committee (MPC) voted to retain the Monetary Policy Rate (MPR) at 26.25% ...
