Cardoso: Nigerians Spent $40 Billion in 10 Years on Foreign Education, Medical Tourism
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, yesterday said that the growing number of Nigerian students…
Tag: CBN
Foreign portfolio investors showing interest in Nigerian market- CBN
Wunmi Semudara The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has announced that foreign portfolio investors (FPIs)…
Cardoso: $2.4bn FX Claims Not Valid, $2.3bn Settled, $2.2bn Outstanding
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has said about $2.4 billion out of the reported…
FG Shoots Down Report of Plans to Convert $30bn Domiciliary Accounts to Naira
*Allegation aims to trigger panic in foreign exchange market, says CBN *FG determined to stabilise forex, ease living cost, Idris…
Official I&E Rate Hits N1,482/$1, Surpasses Parallel Market FX Price at N1,460/$1
In what appeared an unusual occurrence in the foreign exchange market yesterday, the naira hit N1,482/$1 on the Investors and…
To Stem Naira’s Continuing Decline, CBN Clears Another $500m FX Backlog
The Central Bank of Nigeria (CBN), yesterday announced that it had released an additional $500 million to address verified outstanding…
Court Dismisses Suit against CBN on Polaris Bank Sale
A Federal High Court in Lagos yesterday dismissed a suit filed by human rights activist, Mr. Femi Falana (SAN) challenging…
Cardoso: Naira Undervalued, Seeks Fiscal Collaboration, Market Stability
Governor of Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, yesterday, said the naira was currently undervalued, contrary to suggestions…
Interrogating Union, Keystone, Polaris Boards’ Dissolution
The announcement of the dissolution of the boards of Union, Keystone and Polaris Banks by the Central Bank of Nigeria…
Breaking: CBN Appoints New Executives for Union, Keystone, Polaris Banks
The Central Bank of Nigeria (CBN) has announced new executives to oversee the affairs of Union Bank, Keystone Bank and…