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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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
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,