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Cardoso assures investors of robust FX supply, says remaining backlog will be cleared soon

    Cardoso assures investors of robust FX supply, says remaining backlog will be cleared soon

The Central Bank of Nigeria (CBN) says it will ensure that the outstanding foreign exchange (FX) liabilities will be cleared in the next few days. Olayemi Cardoso, governor of the

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‘It’ll cause job loss’ — Obi says interest rate hike will worsen economic situation

    ‘It’ll cause job loss’ — Obi says interest rate hike will worsen economic situation

Peter Obi, former Anambra state governor, says the hike in interest rate by the Central Bank of Nigeria (CBN) will worsen the country’s economic situation. In a statement on his

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Reps ask CBN to provide details of loans disbursed to DisCos for metering

    Reps ask CBN to provide details of loans disbursed to DisCos for metering

The house of representatives has asked the Central Bank of Nigeria (CBN) to provide details of loans disbursed to the licensed electricity distribution companies (DisCos) under the national mass metering

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The irrationality of the CBN interest rate hike

    The irrationality of the CBN interest rate hike

Rising from the Monetary Policy Committee meeting of the Central Bank of Nigeria (CBN) on Tuesday, Olayemi Cardoso the CBN governor held a press conference and announced an increase in

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Report: FG arrests two Binance officials amid crypto clampdown

  Report: FG arrests two Binance officials amid crypto clampdown

The federal government has reportedly detained two top executives of Binance, the cryptocurrency trading platform. According to Financial Times on

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‘Investigation ongoing’ — Cardoso says naira undervalued due to distortions

  ‘Investigation ongoing’ — Cardoso says naira undervalued due to distortions

Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the naira is undervalued largely due to distortions by

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Development financing: Past interventions caused too much damage, gulped over N10trn, says Cardoso

  Development financing: Past interventions caused too much damage, gulped over N10trn, says Cardoso

Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says previous direct development interventions by the financial regulator gulped

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‘Positive for FX market’ — financial experts support MPC decisions

  ‘Positive for FX market’ — financial experts support MPC decisions

Economic and financial experts have lauded the decisions of the monetary policy committee (MPC) of the central bank at its

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EXTRA: ‘Deep Freezer Ltd, Rice and Beans Ltd’ — unusual names of CBN-approved BDC operators

  EXTRA: ‘Deep Freezer Ltd, Rice and Beans Ltd’ — unusual names of CBN-approved BDC operators

Nigeria’s bureau de change (BDC) market has grown significantly since 2005. Within that period (2005 to 2006) there were less

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Bill to limit tenure of CBN governor to six years passes second reading at senate

  Bill to limit tenure of CBN governor to six years passes second reading at senate

A bill seeking to limit the tenure of the governor and deputy governors of the Central Bank of Nigeria (CBN)

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