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Cardoso Says CBN Policies Prevented 42.81% Inflation In 2024
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said inflation would have risen to 42.81 per cent by December 2024...
How my interventions moderated inflationary growth — Cardoso
The Central Bank of Nigeria has said that without its policy interventions, inflation could have risen to 42.81 per cent in December 2024.The...
We’ve cleared outstanding $7bn Forex backlog — CBN
The Central Bank of Nigeria (CBN) says it has successfully cleared the $7 billion foreign exchange (FX) backlog.The announcement was made by the...
CBN vows swift sanctions on FX Code violators
The Central Bank of Nigeria (CBN) has called on deposit money banks and all market participants to embrace the principles of the Nigeria...
CBN to commence payment of Forex backlog
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced the completion of forensic verification to clear all pending foreign...
FOI Act: Appeal Court sets aside judgment striking out suit against CBN
The Court of Appeal, Abuja Division, on Friday, set aside a judgment from a Federal High Court which struck out a suit filed...
Cash scarcity and CBN’s fine of DMBs
IN a decisive demonstration of its commitment to ensuring seamless cash flow, the Central Bank of Nigeria (CBN) recently imposed sanctions on nine...
CBN approves Nigerian FX code release
The Central Bank of Nigeria (CBN) has approved the release of the Nigerian Foreign Exchange (FX) Code, aimed at promoting ethical conduct among...
CBN predicts 4.17% GDP growth in 2025
THE Central Bank of Nigeria (CBN) has announced that the 2025 economic indices indicate a positive outlook, with the nation’s GDP expected to...
CBN, NCC, DMBs reach agreement on N200bn Telco fees debt
The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have raised concerns over the long-standing dispute between Deposit Money Banks...
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