cbn governor

  1. How Forex Restrictions on 43 Items Cost Nigeria a Staggering $1.4 Billion -CBN Governor

    Nigeria How Forex Restrictions on 43 Items Cost Nigeria a Staggering $1.4 Billion -CBN Governor

    Nigeria's Central Bank Governor, Olayemi Cardoso, disclosed a staggering $1.4 billion revenue drop between 2015 and 2019 due to forex restrictions on 43 key items. The revelation, made during a keynote address at the Chartered Institute of Bankers of Nigeria, highlighted a 51.0% increase in...
  2. CBN Governor Announces Capital Boost for Banks Amidst President Tinubu's $1tn Economy Ambition

    Nigeria CBN Governor Announces Capital Boost for Banks Amidst President Tinubu's $1tn Economy Ambition

    In a significant address at the 58th Annual Dinner of the Chartered Institute of Bankers of Nigeria, CBN Governor Dr. Olayemi Cardoso revealed plans to direct Deposit Money Banks to bolster their capital base. The move is a response to President Bola Tinubu's ambitious projection of a $1tn...
  3. CBN Postpones MPC Meeting for Second Consecutive Month

    Nigeria CBN Postpones MPC Meeting for Second Consecutive Month

    The Central Bank of Nigeria (CBN) has once again deferred the meeting of its Monetary Policy Committee (MPC), despite the country grappling with a significant surge in inflation. A Bloomberg report on Monday quoted Dr. Isa Abdulmumin, the CBN's Director of Corporate Communications, confirming...
  4. CBN Refutes Rumors of Naira Redenomination, Citing Misleading Narratives and Speculation

    Nigeria CBN Refutes Rumors of Naira Redenomination, Citing Misleading Narratives and Speculation

    The Central Bank of Nigeria (CBN) has issued a statement to dispel rumors of plans to redenominate the country's legal tender. The CBN's Director of Corporate Communications, Isa AbdulMumin, clarified the bank's position amid growing speculation about a potential redenomination policy. The...
  5. Reps Summon CBN Governor for Clarification on Forex Policy Changes Affecting 43 Items

    Nigeria Reps Summon CBN Governor for Clarification on Forex Policy Changes Affecting 43 Items

    The House of Representatives is set to invite Central Bank of Nigeria (CBN) Governor Olayemi Cardoso to clarify the recent policy changes that lifted the forex restriction on 43 items. This decision comes in response to a motion of urgent public importance raised by member Sada Soli, who...
  6. Nigerian Government in Advanced Talks with World Bank for $1.5 Billion Budget Support Loan

    Nigeria Nigerian Government in Advanced Talks with World Bank for $1.5 Billion Budget Support Loan

    The federal government of Nigeria is on the brink of securing a substantial budget support facility amounting to $1.5 billion from the World Bank, announced Mr. Wale Edun, the Minister of Finance and Coordinating Minister of the Economy. This significant development was disclosed during the...
  7. New CBN Governor Unveils Ambitious Plan to Catapult Nigeria's GDP to $1 Trillion in Just 8 Years

    Nigeria New CBN Governor Unveils Ambitious Plan to Catapult Nigeria's GDP to $1 Trillion in Just 8 Years

    Dr. Olayemi Cardoso, the newly confirmed Governor of the Central Bank of Nigeria (CBN), has unveiled ambitious plans to boost the country's Gross Domestic Product (GDP) to $1 trillion within eight years. During his confirmation hearing before the Senate, Cardoso outlined strategies, including...
  8. Cardoso Takes the Helm: Senate Confirms Him as CBN Governor

    Nigeria Cardoso Takes the Helm: Senate Confirms Him as CBN Governor

    The Nigerian Senate has confirmed Dr. Olayemi Cardoso as the new Governor of the Central Bank of Nigeria (CBN), along with four Deputy Governors: Emem Usoro, Muhammad Dattijo, Philip Ikeazor, and Bala Bello. Dr. Cardoso's confirmation comes after rigorous screening by the Upper Chambers of the...
  9. Get to Know the New CBN Governor: 10 Fascinating Facts About Yemi Cardoso

    Nigeria Get to Know the New CBN Governor: 10 Fascinating Facts About Yemi Cardoso

    President Bola Tinubu has nominated Dr. Olayemi Cardoso as the new Governor of the Central Bank of Nigeria (CBN). The announcement was made by Ajuri Ngelale, Special Adviser to the President on Media and Publicity. Dr. Olayemi Michael Cardoso is an accomplished Nigerian banker, chartered...
  10. Surprise Nominee: Tinubu Picks Yemi Cardoso for CBN's Top Job

    Nigeria Surprise Nominee: Tinubu Picks Yemi Cardoso for CBN's Top Job

    President Bola Tinubu has nominated Olayemi Cardoso as the new Governor of the Central Bank of Nigeria (CBN), according to a statement from his spokesperson, Ajuri Ngelale. Cardoso's nomination is pending confirmation by the Nigerian Senate and is in line with Section 8(1) of the Central Bank of...
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    Politics BREAKING: Kaduna, Kogi, Zamfara Govts Drag FG To Supreme Court Over Naira Scarcity - Channels Tv

    https://www.channelstv.com/2023/02/06/breaking-kaduna-kogi-zamfara-govts-drag-fg-to-supreme-court-over-naira-scarcity/
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    Metro Sources: Emefiele returns to Nigeria, back in office - The Cable

    https://www.thecable.ng/sources-emefiele-returns-to-nigeria-back-in-office
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    Metro Emefiele Hasn’t Returned To Nigeria, Should Be Arrested On Arrival, Says Falana - Channels TV

    https://www.channelstv.com/2023/01/15/emefiele-hasnt-returned-to-nigeria-should-be-arrested-on-arrival-falana/
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    Metro How to access the N50 billion CBN Covid-19 intervention fund for SMEs - Nairametrics

    https://nairametrics.com/2020/04/21/how-to-access-the-n50-billion-cbn-covid-19-intervention-fund-for-smes/
  15. Nigeria Metro News

    Metro Tension as House of Reps summon CBN governor, Emefiele – Legit.ng

    The House of Representatives have summoned the Central Bank of Nigeria governor, Godwin Emefiele – The green chambers also summoned the managing director of the Nigerian Deposit Insurance Corporation, Umaru Ibrahim – Both men are expected to provide answers on the new status of Savannah Bank The...
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    Video Nigeria News Today - Nnamdi Kanu blames Federal Govt for the death of his mother

    Today's News Highlights Include https://www.nigerianbulletin.com/threads/glory-osei-and-muyiwa-folorunsho-accused-fraud-by-ex-employee-%E2%80%93-nairaland.406817/...
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    Video Nigeria News Today - Oyetola Defeats Adeleke At Appeal Court

    Today's News Highlights Include: Buhari nominates CBN Governor, Godwin Emefiele for another term - Daily Post https://www.nigerianbulletin.com/threads/buhari-nominates-cbn-governor-godwin-emefiele-for-another-term-daily-post.385649/ Jigawa speaker impeached – Linda Ikeji’s Blog...
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    Metro CBN Governor, Godwin Emefiele Asked To Leave Office - Daily Post

    Godwin Emefiele has been sacked as Cbn Governor READ MORE
  19. Nigeria Political News

    Politics BREAKING: What Atiku Abubakar plans to do to CBN’s Godwin Emefiele – Nairametrics

    Nigeria’s main opposition candidate for the highly-anticipated February presidential election, Mr Atiku Abubakar, said he will remove Godwin Emefiele as Governor of the Central Bank of Nigeria if he wins the election. The former Nigerian Vice President disclosed this during an interview with...
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    Politics Nigerian Police Parade 9 'Kidnappers' of CBN Governor’s Wife, Margaret [See PHOTOS]

    The Nigerian Police have paraded nine suspected kidnappers of Mrs Margret Emiefele, wife of governor of Central Bank of Nigeria (CBN), in Abuja, on Monday. The security agents said N14.7 million, two Honda cars, one AK 47 riffle and a fully loaded magazine and one Audi car were recovered. See...
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