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Cardoso

Banking and Finance

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...
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Business and Economy

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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Business and Economy

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...
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Business and Economy

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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Banking and Finance

Why we moved our revenue to CBN — NNPCL

THE Nigerian National Petroleum Company Limited (NNPCL) has explained that its decision to move a 'significant' portion of its...
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News

We won’t grant FG loan again until outstandings are paid – CBN

THE Central Bank of Nigeria (CBN) governor, Olayemi Cardoso, has said the apex bank would no longer grant ways...
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