1,500 Redeployed CBN Employees To Resume Work At Lagos Office Friday   Following their relocation from the Abuja headquarters, at least 1,500 Central Bank of Nigeria (CBN) employees will begin work at the Lagos branch on Friday, February 2. The departments penciled down for relocation by the...

Naira Slumps To N1,340/$1 At Parallel Market, FX Shortages Persist   Hopes of local and international businesses getting foreign exchange suffered a set-back as the naira slumped to fresh lows against the US dollar at the official and parallel markets at the weekend. This comes as...

Cardoso Hosts Khalifa Sanusi, Restates CBN’s Focus on Price Stability   The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reiterated that under his leadership, the Bank will focus mainly on the core mandate of price stability. He disclosed this on Thursday, November...

Tinubu Appoints Yemi Cardoso as CBN Governor President Bola Ahmed Tinubu has appointed Dr. Olayemi Michael Cardoso as the new Governor of the Central Bank of Nigeria (CBN), for a term of five (5) years at the first instance, pending his confirmation by the Nigerian...