Nigeria’s FX Reserves Hit $41 Billion, Highest Level Since 2021
Reserves climbed 3.69% in August to reach new milestone First time since December 2021 that reserves crossed $41 billion CBN credits improved oil output, exports, and capital inflows Nigeria’s foreign…
Reps Invite CBN Governor Over Revenue Leakages
The Public Accounts Committee (PAC) of the House of Representatives has invited the governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso to appear before it. PAC stated that…
Cardoso to Retire Emefiele’s Directors
At least eight directors at the Central Bank of Nigeria (CBN) are going to be asked to retire early this week. Some of these directors were moved to another part…
Cardoso Dismisses 40 Staff Members of CBN
The Central Bank of Nigeria (CBN) Governor, Yemi Cardoso has dismissed about 40 staff members. Daily Report Nigeria reports that the dismissal primarily affected the Development Finance Department (DFD), as…
Nigeria Prepared to Combat Inflation with Comprehensive Measures, Says CBN Governor
Nigeria’s Central Bank is poised to utilize all available resources to manage rising inflation, CBN Governor Olayemi Cardoso announced on Tuesday. Speaking at the FT Africa Summit in London, Cardoso…
CBN Confirms Exit Of 1000 Staff Voluntarily In December 2024
Olayemi Cardoso, has said that the 1000 staff members who left the institution in December 2024 did so voluntarily. He made the clarification on Friday during an investigative hearing by…