Higher Interest Rates Necessary to Control Inflation – Cardoso The Governor of the Central Bank of Nigeria, Mr Olayemi Cardoso, has defended the bank’s decision to raise the Monetary Policy Rate to 27.25 per cent, describing it as a necessary move to control inflation and...

Banks’ Deposits With CBN Now N3.42trn - Report The deposits of banks with the Central Bank of Nigeria ( CBN) hit a weekly high of N3.42tn at the end of last week. This followed the announcement of the operationalisation of the Standing Deposit Facility asymmetric corridor...

Here is a woman who has contributed immensely by ensuring increased revenue, reduced costs, and improved security in various organisations she had worked for and could just be retired due to political exigency.

According Yemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), it's Monetary Policy Committee (MPC) has increased the benchmark interest rate by 150 basis points to 26.25% from 24.75%. 

Foreign Exchange: 136% of 2023 Inflows Recorded in QI – Cardoso The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has disclosed that the foreign exchange inflows recorded in the first quarter of 2024 into Nigeria were about 136 per cent of the...

Inflation to Reduce in Coming Months – Cardoso The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has expressed optimism that with the measures in place, core and headline inflation will come down in the coming months. He also disclosed a new strategy...