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Business

Cardoso Wants Regulations Tightened To Strengthen Resilience Of Fintech, Non-Banking Financial Institutions

Nigeria’s Central Bank Governor, Olayemi Cardoso is calling on financial regulators in West Africa to tighten regulations of fintech and Non-Bank Financial Institutions (NBFIs)...

Politics

SERAP to CBN: You have 7 days to ‘account for missing N100bn dirty notes,other public funds’

The Socio-Economic Rights and Accountability Project (SERAP) has called on the Governor of the Central Bank of Nigeria (CBN) Mr. Olayemi Cardoso “to account...

Business

Recapitalization Will Create Stronger, More Resilient Banks – Cardoso

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has said that the Bank will continue to collaborate with relevant financial...

Business

CBN Records $24bn Forex Inflows In Three Months As Cardoso Says Era Of Naira Volatility Over

Between January and March this year, the Central Bank of Nigeria said the country recorded foreign exchange inflow of about N24bn.The Governor of the...

Business

Nigeria’s Forex Reserves Rose By $435.8m As Naira Continuous To Depreciate In May

Nigeria’s foreign exchange reserves rose by 1.35 per cent to $435.8m month-on-month to end the month of May at $32.69bn compared to $32.25bn which...

Business

Naira Falls 221%, Inflation Hits 33.6%- How Tinubu’s Monetary Policy Failed To Renew Hope Of Nigerians

Muhammed, a civil servant at the Ministry of Agriculture almost lost his temper after buying 25 pieces of pepper for N1000 after the sellers...

Business

We Are Not Putting Excessive Pressure On Banks To Raise New Capital- Cardoso

The Central Bank of Nigeria has said that it is not putting banks under pressure to meet the new capital requirement imposed on them.Cardoso...

Business

‘Cybercrime Levy Did Not Emanate From CBN’- Cardoso Says After Withdrawing Circular

The Central Bank of Nigeria has denied involvement in the processes that led to enacting the Cybercrimes (Prohibition, Prevention, ETC) (Amendment) Act 2024 which...

Business

MPC will do anything necessary to tame inflation, says Cardoso

By: Babajide OkeowoOlayemi Cardoso, the Governor of the Central Bank of Nigeria, has disclosed that members of the Monetary Policy Committee (MPC) will do...

Business

Bank Recapitalisation: Wema Bank Seeks Shareholders’ Approval For Possible Merger, Acquisition, Takeover

Nigeria’s fifth oldest bank, Wema Bank Plc, is seeking shareholders’ approval for measures like merger and acquisition, takeover, or business combination to meet the...

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