Vanguard14d
CBN is serious about fair, efficient markets – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has said that the Bank’s decision to implement the Electronic Foreign Exchange Matching System (EFEMS) is rooted in the ...
Vanguard4d
CBN does not determine FX rate – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has clarified that the apex bank does not determine the foreign exchange rate, stating that it is driven by economic ...
Philippine Daily Inquirer2d
Jodi Sta. Maria reacts to ABS-CBN layoffs: ‘Heartbreaking’
Actress Jodi Sta. Maria expressed her sadness over the news that ABS-CBN Corp. had let go of another batch of employees amid financial struggles due to declining ad revenues. Sta. Maria reposted a ...
LEADERSHIP Newspaper18d
CBN Withdraws 2024-2025 Policy Guidelines Over Misrepresentations
The Central Bank of Nigeria (CBN) has temporarily withdrawn its 2024-2025 Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines due to widespread misrepresentations in the media.
The Punch Newspapers24d
CBN needs to limit interest rate hikes
The CBN’s persistent monetary tightening stance means businesses must cope with higher borrowing costs. Increasing the CRR for banks means more loanable funds have been sterilised. This further ...
The Punch Newspapers27d
CBN raises interest rate to 27.25 per cent
Addressing journalists at an ongoing press briefing after the committee’s fifth meeting for the year at the CBN headquarters on Tuesday in Abuja, the governor of the apex bank, Olayemi Cardoso ...
This Day26d
CBN Maintains Monetary Tightening Regime, Raises MPR Further to 27.25%
Unconvinced by the relative decline in inflation in July and August, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), yesterday resolved to raise the Monetary Policy Rate ...
Nairametrics13d
CBN weighs in: Responds to attempts to misinform the banking public and reasserts its role as apex banking authority
In a show of strong support for GTCO and a move to debunk false allegations being levelled against the GTCO and its Executive Management by faceless and unqualified entities using the media, the ...
Nairametrics10d
Court orders CBN to Pay Kasmal International Services N579 billion with 10% interest over stamp duty dispute
The Federal High Court in Abuja has ordered the Central Bank of Nigeria (CBN) to pay Kasmal International Services N579,130,698,440 with 10% interest per annum on the judgment sum for the period from ...
legit4d
CBN Orders Nigeria Banks to Refund N7.05bn as Customers of GTBank, Zenith, Others Battle Network
Approximately N7.05 billion and $714,569.03 have been reportedly restored to customers by institutions across the country Olayemi Cardoso, the governor of CBN, and his staff have made protecting their ...
The New York Times17d
Oklahoma Schools Need 55,000 Bibles. Trump-Endorsed Book Fits the Bill.
The bid details for new Bibles the state is buying seem to point to a version promoted by former President Donald J. Trump. By Stephanie Saul When the education superintendent of Oklahoma ...