Sunday, June 16, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement

Tag "Yemi Cardoso"

Heritage Bank: What you didn’t know

    Heritage Bank: What you didn’t know

Many Nigerians were caught unawares by yesterday’s revocation of the licence of Heritage Bank by the CBN, but among many industry operators, it was widely known that the bank has

0 comment Read Full Article

‘There’ll be ups and downs’ — CBN says it’s working to stabilise naira

    ‘There’ll be ups and downs’ — CBN says it’s working to stabilise naira

The Central Bank of Nigeria (CBN) says it is doing everything possible to achieve a stable foreign exchange (FX) rate. Yemi Cardoso, CBN governor, spoke on April 20 during a

0 comment Read Full Article

CBN meets IMTOs, sets up task force to double remittance inflows

    CBN meets IMTOs, sets up task force to double remittance inflows

The Central Bank of Nigeria (CBN) says it has collaborated with International Money Transfer Operators (IMTOs) to collectively commit to doubling remittance flows through formal channels into Nigeria. IMTOs accept

0 comment Read Full Article

FX backlog: We’ve paid $400m to settle verified requests, says Cardoso

    FX backlog: We’ve paid $400m to settle verified requests, says Cardoso

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

0 comment Read Full Article

Oil FX earnings declined from $93bn to $31bn in nine years, says Cardoso

  Oil FX earnings declined from $93bn to $31bn in nine years, says Cardoso

Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says foreign exchange (FX) earnings from oil exports declined from

0 comment Read Full Article

Cardoso: In 10 years, Nigerians spent $40bn on education, healthcare abroad

  Cardoso: In 10 years, Nigerians spent $40bn on education, healthcare abroad

Yemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the foreign exchange (FX) demand for education and healthcare

0 comment Read Full Article

CBN to hold MPC meeting Feb 26 — first since Cardoso’s appointment

  CBN to hold MPC meeting Feb 26 — first since Cardoso’s appointment

The Central Bank of Nigeria (CBN) is set to hold its first monetary policy committee (MPC) meeting – six months

0 comment Read Full Article

Reps committee orders arrest of Cardoso, accountant-general over refusal to honour summons

  Reps committee orders arrest of Cardoso, accountant-general over refusal to honour summons

The house of representatives committee on public petition has issued a warrant of arrest on Olayemi Cardoso, governor, Central Bank

0 comment Read Full Article

Commercial banks’ stock rise after CBN announced recapitalisation plan

  Commercial banks’ stock rise after CBN announced recapitalisation plan

Nigerian bank shares rose on Monday as investors responded favourably to the announcement that the Central Bank of Nigeria (CBN)

0 comment Read Full Article

Judicial decisions can affect foreign direct investments, says Cardoso

  Judicial decisions can affect foreign direct investments, says Cardoso

Yemi Cardoso, governor of the Central Bank of Nigeria (CBN), says an efficient judicial system can affect foreign direct investment

0 comment Read Full Article
error: Content is protected from copying.