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OLAYEMI CARDOSO
The official exchange rate between the naira and the US dollar on Wednesday, February 28th, 2024, appreciated slightly by 0.4% to N1609.51 per US dollar as against the N1615 to a dollar recorded the previous day, according to data published on the FMDQ where forex is officially sold.
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says himself and his team are not responsible for the current economic woes in the country.
The Central Bank Governor, Olayemi Cardoso has stated that he believes the naira is undervalued largely because of "distortions" emanating from bad behavior.
Nigeria's Central Bank Governor, Olayemi Cardoso has stated that about $26 billion has passed through Binance Nigeria.
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has assured that Nigeria’s inflation rate will drop to 21.4% in 2024 amid the rising prices of foodstuff and other commodities.
In an interview on Arise TV on Monday, the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, discussed several critical issues related to foreign exchange stability and monetary policy.
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has explained that the current move to relocate departments and personnel to other branches especially Lagos is due to overpopulation at the headquarters in Abuja.
Nigerian shareholders have called upon the government and the Central Bank of Nigeria (CBN) to adopt a tiered approach to recapitalization requirements for banks, taking into account their operational scope.
The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has reiterated that his leadership would focus mainly on the core mandate of price stability.
The Nigerian Government disclosed that the President Bola Tinubu administration appointed a new management team for the Central Bank of Nigeria (CBN) because its reputation was “badly battered” and needed rescue.
Olayemi Cardoso, the recently appointed Governor of the CBN, has expressed his commitment to addressing the apex bank's outstanding foreign exchange obligations.
There are reports that the suspended Governor of the apex bank, Godwin Emefiele, had resigned from his position last month paving the way for Olayemi Cardoso’s appointment.