BusinessNews
CBN raises banks’ capital requirements to N500bn, N200bn
The Central Bank of Nigeria, CBN, has increased the minimum capital requirement for Deposit Money Banks, DMBs,…
Tag: cardoso
BusinessNews
Naira gains 6% at official market
The Naira appreciated against the dollar by 5.97 per cent at the official market by the close…
BusinessNews
Naira on steady recovery, gains further by 1.8% against dollar
The Naira experienced a further appreciation at the official market, trading at N1,382.95 to a dollar on…
BusinessNews
CBN increases inter-bank interest rate to 24.75%
The Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN, raised Monetary Policy Rate, MPR,…
BusinessNews
CBN clears $1.5bn outstanding FX transactions, eliminates legacy backlog
The Central Bank of Nigeria, CBN, has said that all valid foreign exchange backlogs have now been…
BusinessNews
CBN reports increased forex inflow as remittances quadruple
The Central Bank of Nigeria, CBN, has reported a significant increase in foreign exchange inflow into the…
News
Ogun govt gets 100-truck-load of rice, for sale at reduced prices
Ogun State government has purchased 100-trucks-load of rice to be sold at cheaper rates to residents of…
BusinessNews
SINET calls for probe of alleged $2.4bn forex trading fraud
The Social Integrity Network, SINET, has demanded further clarification concerning a statement credited to the Central Bank…
My viewNews
Once again, former Vice President Atiku Abubakar got it wrong
By BAYO ONANUGA Former Vice President, Atiku Abubakar, in an attempt to rubbish the foreign exchange…
My viewNews
Olayemi Cardoso’s dilemma, By Tunde Rahman
Those who know Mr. Olayemi Cardoso will agree he got his current job as the Governor of…