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Olayemi Cardoso

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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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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...

Why you should always interrogate yourself

By Chioma Obinagwam There is need for every diligent Christian must interrogate themselves. That was the submission of the Provincial Pastor of the...

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