The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that the huge purchase of foodstuffs by the government as palliatives is contributing to the galloping food inflation…
Olayemi Cardoso
Federal Government sets To Integrate Over twenty percent Unbanked Nigerians Into Banking System
The Federal Government has revealed plans to integrate over 20 per cent of unbanked Nigerians into the banking system. Vice President, Kashim Shettima revealed this in Abuja on Thursday at…
Food Inflation ; Minister of Finance, Wale Edun, expresses optimism, says federal government’s Revenue Up, Economy In Right Direction
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says the Nigerian economy is moving in the right direction as policies of the new administration have started…
CBN, EFCC Investigates Banks, Firms Over Alleged Forex Shark
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has revealed that security agencies including the Economic and Financial Crimes Commission are currently investigating questionable foreign exchange allocations and…
Central Bank Of Nigeria Allocates Over One Hundred Billion Naira Worth Of Fertilizers To Tackle Food Inflation
The Central Bank of Nigeria (CBN) on Wednesday, allocated a total of over two million bags of fertilizers, worth over one billion naira to the Federal Ministry of Agriculture and…
CBN Ends Sale Of N1trn Govt Securities, Reports Investors Oversubscribed
The Central Bank of Nigeria, CBN, said it has concluded a sale of government securities, issuing 1.053 Trillion naira in short-term instruments as part of its liquidity management exercise. The apex bank…