Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the naira is undervalued largely due to distortions by perpetrators in the foreign exchange (FX) market. He spoke on
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Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says previous direct development interventions by the financial regulator gulped over N10 trillion. Cardoso disclosed this on Tuesday while speaking
Economic and financial experts have lauded the decisions of the monetary policy committee (MPC) of the central bank at its first meeting in 2024. On February 27, 2024, the MPC,
Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), says $400 million was paid on Tuesday to settle some outstanding foreign exchange (FX) commitments. Cardoso disclosed this during
The Central Bank of Nigeria (CBN) has placed limits on the foreign exchange (FX) sales by Bureau De Change (BDC)
The Central Bank of Nigeria (CBN) says sellers of foreign exchange (FX) of $10,000 and above to Bureau De Change
The Central Bank of Nigeria (CBN) has released guidelines for the sale of foreign exchange (Forex) by Bureau De Change
Wale Edun, minister of finance and coordinating minister of the economy said the current administration is looking into bringing down
The Central Bank of Nigeria (CBN) has directed Nigeria Customs Service (NCS) and other related parties to adopt the closing
After postponing the monetary policy committee (MPC) meeting twice in the second half of 2023, the decision-making body of the
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