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Disengaged CBN staff were not forced out – Cardoso

THE Central Bank of Nigeria (CBN), governor, Olayemi Cardoso, said the 1,000 staff who left the bank were not...

Bank debtors, businesses to pay more as CBN hikes interest rate to 27.50%

BANK debtors and  businesses are to pay higher interest rate henceforth, as the Central Bank of Nigeria (CBN) has raised...
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CBN’s Cardoso blames high interest rate on ‘excessive N27trn’ lending to FG

THE governor of the Central Bank of Nigeria (CBN), Yemi Cardoso has blamed the country’s rising high interest rates...

Drop in FX reserves not caused by naira defence – CBN

THE Central Bank of Nigeria (CBN) on Wednesday, April 17, said the drop in Nigeria’s foreign exchange reserves was...
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Naira sustains gains as CBN sells $10,000 To BDCs at N1,251/$

AS the naira sustains gain against the dollar after months of uncertainties, the Central Bank of Nigeria (CBN), on...

FX Crisis:CBN warns Banks, NGOs not to invest in BDCs

THE Central Bank of Nigeria (CBN) has warned banks, non-governmental organisations, and government agencies not to have a stake...
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