UPDATED: CBN’s MPC holds base lending rate at 26.5% for two consecutive times
By Bamidele Famoofo WorldStage-- The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) at its 306th Policy ...
Tag: Olayemi Cardoso
Nigeria’s booming banks and a collapsing economy
By Blaise Udunze Nigeria’s banking industry appears to be booming, largely driven by the policies of the Central Bank of ...
CBN governor says regulatory, judicial challenges slowing some banks’ recapitalisation
By Abiodun Folarin WorldStage-- Governor of the Central Bank of Nigeria (CBN) Olayemi Cardoso, has said the remaining banks yet ...
Recapitalisation without transformation is a risk Nigeria cannot afford
By Blaise Udunze In barely two weeks, Nigeria’s banking sector will once again be at a historic turning point. As ...
Nigeria: Cardoso says FX market reforms raise capital inflows by 200%
WorldStage-- The Central Bank of Nigeria (CBN) governor, Mr Olayemi Cardoso has declared that reforms in Nigeria’s foreign exchange (FX) ...
Nigeria: CBN gov assures that banking recapitalisation on course as $706.84m mobilised from abroad
WorldStage The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso has provided an update of the banking ...
Nigeria’s gross external reserves hit $50.45b – Cardoso
WorldStage-- The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has stated that Nigeria’s gross and net ...
Nigeria: FG hailed for $50.45b external reserves
Some financial experts have commended the Federal Government for increasing the country’s external reserves to $50.45 billion. They disclosed this ...
Banking Recapitalisation Update: 20 banks fully capitalised, 13 banks at advanced stages – Cardoso
WorldStage-- The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso has disclosed that 20 banks have fully met ...
Cardoso pushes digital overhaul to cut cross-border payment costs
WorldStage-- Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said global remittance corridors to developing countries still ...
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