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Senate Confirms Cardoso As CBN Governor, Four Deputies

The Senate has confirmed the nomination of Olayemi Cardoso as the Governor of the Central Bank of Nigeria.The Senate confirmed Cardoso on Tuesday after...

Business

Cardoso To Discontinue ‘Unorthodox’ Monetary Policy To Help Tinubu Build $1trn Economy

Nigeria’s new Central Bank Governor, Oluyemi Cardoso said he will discontinue the unorthodox monetary policy regime of the apex bank in other to help...

Business

Expert Calls For Action As Finance Minister Blames Naira Crash On $6.8bn Overdue Payment

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Olawale Edun has blamed the depreciation of the naira on the country’s overdue foreign...

Business

JUST IN: CBN Defers September Monetary Policy Committee Meeting

The Central Bank of Nigeria (CBN) has announced the postponement of its highly anticipated 293rd Monetary Policy Committee (MPC) meeting, originally scheduled for Monday...

Business

I Had No Cash To Buy Cooking Gas During Naira Redesign Policy—Femi Adesina

Femi Adesina who was the Media Adviser to former President Muhammadu Buhari, has said that he suffered from scarcity of cash during the naira...

Business

CBN To Stop Manual Submission Of Application For MFB License December 31, Unveils Portal

The Central Bank of Nigeria (CBN) has announced the unveiling of a new online platform for the submission of microfinance bank (MFB) licence applications.The...

Business

‘Don’t Follow The Path Of Your Predecessor’—Muda Yusuf Cautions New CBN Governor, Yemi Cardoso

The Chief Executive Officer of the Centre for the Promotion of Private Enterprises, Muda Yusuf, has cautioned the newly appointed Central Bank Governor, Oluyemi...

Business

No Plan To Redenominate $1 To N1.25—CBN

The Central Bank of Nigeria has denied any plan to redenominate the naira to almost equal the United States Dollars.Reports (Not THE WHISTLER) had...

Business

Zenith Bank Posts Revenue Of N967.2bn In Six Months, Increases Profit By 169%

Nigeria’s biggest bank by market capitalization has posted a record gross earning of N967.2bn in 2023 half-year.The bank disclosed on Monday that its gross...

Business

Stop Spending Gains Made From Forex Revaluation, CBN Warns Banks

The Central Bank of Nigeria has warned banks to stop spending gains made from forex revaluation.The apex bank said this in a circular dated...

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