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Cardoso says $26bn from unknown sources passed through Binance Nigeria in one year

The Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso has revealed that a whopping $26 billion was moved by unknown sources...
Business

BREAKING: CBN’s MPC raises interest rate to 22.75% in first policy decision under Cardoso

The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has raised interest rates, from 18.75 percent to 22.75 percent.The MPC made the...
Business

Senate confirms Cardoso, Yuguda, 10 others as MPC members

Ahead of the maiden Monetary Policy Committee (MPC) meeting slated for February 26-27, 2024, the Senate has confirmed the appointment of 12 persons as...
Business

FX market received $1bn inflow in the past ‘few days’, says Cardoso

The Nigerian foreign exchange market witnessed a boost of over $1 billion in liquidity within the past few days, the governor of the Central...
Business

Cardoso reveals measures deployed by CBN to address FX crisis

The Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, on Tuesday revealed measures deployed by the apex bank to address the foreign exchange crisis...
Business

CBN gov, Cardoso reveals willingness of foreign investors, direct investment to return to Nigeria

Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has revealed that foreign portfolio investors (FPIs) are showing renewed interest in returning to...
Business

Forensic audits revealed $2.4bn FX claims were bogus, not valid for settlement —Cardoso

The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has disclosed that forensic audit by Deloitte Management Consultant has shown that about...
Business

CBN to hold first MPC meeting under Cardoso’s watch in February

The Central Bank of Nigeria (CBN) will hold its first Monetary Policy Committee (MPC) meeting under the current governor, Dr. Olayemi Cardoso in February.President...
News

Reps summon Cardoso, Customs chief for 2024 budget defence

The House of Representatives Committee on Appropriation on Friday rejected representatives sent by Central Bank of Nigeria (CBN) Governor, Dr. Olayemi Cardoso and Comptroller...
Business

CBN strayed from core mandates, pumped N10tn into sectors it had limited expertise –Cardoso

The Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, has flayed the past administrations of the Central Bank of Nigeria (CBN) for...
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