Tag: Cardoso
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Fubara Sets Up Panel to Probe Wike; Spurs vs City Tuesday Night as Title Decider – Trending Today
Hello and welcome! In today's trending news stories;
1. Siminalayi Fubara, the governor of Rivers State, announced plans to establish a judicial panel to investigate...
Data reveals CBN not protecting the naira with FX reserves
Data demonstrating the Central Bank of Nigeria's (CBN) seldom involvement in the foreign exchange market demonstrate that the CBN is not using its foreign...
CBN has discovered new foreign exchange scam amounting to $2.4 billion
The head of the Central Bank of Nigeria, Yemi Cardoso, said that law enforcers are looking into foreign exchange deals worth about $2.4 billion.
Cardoso...
Rate increase expected again when the hawkish MPC meets
Expectations are strong that the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) would announce another rate hike after their meeting...
CBN’s N10 Trillion Intervention: N193 Billion Loans Deemed Lost
With an estimated N10.3 trillion in funding, the Central Bank of Nigeria's Intervention Funds Programme has a 75.8% repayment record.
The study also claims that...
