Tag:Yemi Cardoso

CBN Governor Unveils New FX Code, Warns Banks, BDCs Against Violations

The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, unveiled a new Foreign Exchange (FX) Code on Tuesday, aimed at establishing clear...

Naira gains N88.23 against dollar

The Naira on Friday experienced huge appreciation at the official market, trading at N1,142.38 to the dollar. Data from the official trading platform of the...

Naira records major gain as foreign reserves hit $33.95bn in Q1

The naira regained one-fifth of value in the past five weeks as increased foreign exchange inflows saw Nigeria’s forex reserves rising by $1.04 billion...

CBN raises bank’s capital requirement from N25bn to N200bn

The Central Bank of Nigeria (CBN), has increased the minimum capital requirement for Deposit Money Banks (DMBs) with national licences from N25 billion to...

Naira gains 6% at official market

The Naira appreciated against the dollar by 5.97 per cent at the official market by the close of Wednesday’s trading session, according to data...

Yemi Cardoso: Making the CBN work again

By Mariam Mohammed Nigeria is in the middle of a very important shift in its economic structure; and one man, amongst others, at the heart...

CBN clears $1.5bn outstanding forex transactions

The Central Bank of Nigeria (CBN) says all valid foreign exchange backlogs have now been settled. This is according to a statement by CBN’s Acting...

How we uncovered $2.4bn false forex claim — CBN governor, Cardoso

The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has said that about $2.4 billion foreign exchange backlog is not valid for...

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PANDEF Leader, Edwin Clark is dead

The leader of the Pan Niger Delta Forum (PANDEF), Edwin Clark, is dead. Clark, 97, died on Monday. The death of...
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CSO calls for probe of Ministry of Art Over Alleged N4bn Office Rent, DG Appointment

The Coalition for Transparency, Equity, and Justice, a Civil Society Organisation (CSO) advocating for transparency and accountability, has called...

Tinubu, Obi, Obasanjo, Makinde, others mourn Adebanjo

President Bola Tinubu, on Friday, expressed his deep sorrow upon hearing of the passing of Pa Ayo Adebanjo, a...

Must read

PANDEF Leader, Edwin Clark is dead

The leader of the Pan Niger Delta Forum (PANDEF),...

CSO calls for probe of Ministry of Art Over Alleged N4bn Office Rent, DG Appointment

The Coalition for Transparency, Equity, and Justice, a Civil...