Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), disclosed that previous direct development interventions by the financial …
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CBN Board Nominee, Kalu Eke, Rejects Tinubu’s Appointment
One of President Bola Ahmed Tinubu’s nominees for the Central Bank of Nigeria (CBN) Board of Directors, Urum Kalu Eke, …
Read More »Cryptocurrency Trading Website Binance Poses Threat to Nigeria’s Economy: Presidential Spokesman
In a appearance on Channels Televisions Politics Today program, Presidential spokesman Bayo Onanuga raised concerns about the potential damage cryptocurrency …
Read More »Crypto Exchanges Halt USDT/USDC Sales in Naira Amid Regulatory Pressure
Several crypto companies in Nigeria have decided to stop allowing users to buy the USDT and USDC stablecoins using the …
Read More »CBN Unveils Plans to Sanction Banks for Regulatory Breaches
In a decisive move to reform Nigeria’s banking sector, the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, …
Read More »Senate Passes Bill to Amend CBN Act: Key Changes and Implications
The Senate on Tuesday passed for second reading, a bill seeking to amend the Central Bank of Nigeria (CBN) Act …
Read More »Moghalu Backs CBN’s Decision to Raise Interest Rate to 22.5%
A former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has expressed his support for the apex …
Read More »CBN Governor Cardoso: We’re Steering Nigeria’s Economic Recovery, Not Hindering It
The Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has absolved the apex bank of any responsibility …
Read More »Speculators Resist CBN’s Forex Market Reforms, Says FG
The federal government has announced that the Central Bank of Nigeria’s (CBN) efforts to reform the foreign exchange (FX) market …
Read More »Senate Confirms Appointment of 12-Member CBN Monetary Policy Committee: A New Era for Nigeria’s Economy
Towards ensuring financial stability and promoting economic growth, the Senate has recently confirmed the appointment of a 12-member Monetary Policy …
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