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Olayemi Cardoso

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BusinessNews

‎CBN Governor, Soyinka Join Brazil-Nigeria heritage dialogue

‎By Chioma Obinagwam ‎The Legislative Chamber in Brazil hosted a landmark event on Monday, celebrating the deep historical and cultural ties between Brazil...

BusinessNews

‎In two photos NDIC, CBN harps on collaboration to safeguard financial system‎

By Chioma Obinagwam‎‎‎In a powerful display of unity, the Nigeria Deposit Insurance Corporation (NDIC) and the Central Bank of Nigeria (CBN) have emphasized...

BusinessNews

IMF endorses Nigeria’s reform path as recovery deepens

By Joan Chioma Obinagwam The International Monetary Fund’s (IMF) latest Article IV Consultation highlights a turning point for Nigeria’s economy. Years of instability...

BusinessUncategorized

Cash distribution policy: CBN fines First Bank, Zenith Bank, seven others N150m each

By Chioma Obinagwam Nigeria’s apex bank, the Central Bank of Nigeria (CBN), has fined nine Deposit Money Banks(DMB) N150 million each for failing...

News

‘Some policies may seem stringent, but they are essential for long-term,’ Cardoso explains

By Chioma Obinagwam The governor of Nigeria’s apex bank, Olayemi Cardoso, has explained why the CBN has maintained stringent policies.   Confiance News...

Business

Why CBN banned use of foreign currency as collateral for Naira loans

By Chioma Obinagwam   The Central Bank of Nigeria—the apex of Nigeria has instructed all Nigerian banks to stop accepting foreign currencies as...

BusinessNews

Why Central Bank of Nigeria increased minimum capital requirements for banks

By Chioma Obinagwam   Nigeria’s apex bank, the Central Bank of Nigeria (CBN), had announced increased minimum capital requirements for banks.   According...

BusinessNews

Why Central Bank of Nigeria allocated 2.15m bags of fertiliser to Ministry

By Chioma Obinagwam Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has announced the allocation of 2.15 million bags of fertiliser, valued...

BusinessNews

Expert reveals how interest rate, inflation, others will shape Nigeria’s economic growth in 2024

By Chioma Obinagwam A Pan-African Credit Rating Agency Agusto & Co. has identified three major economic variables that are likely to have overarching...

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‎Preventing financial crimes amid mounting insecurity: Why following the money is now a survival imperative‎

‎By Blaise Udunze‎‎‎Nigeria today faces a sobering dual reality: a deepening security crisis and an entrenched financial-crime ecosystem that quietly feeds, sustains, and...

‎Nigeria’s Oil, Gas Free Zones attract $24bn in investments as operators plead for 10-year tax holiday‎

By Chioma Obinagwam‎‎ Nigeria’s oil and gas free zones have pulled in a staggering $24 billion in investments, creating hundreds of thousands of...