Business

Nigeria exits economic turbulence, charts clear path to growth and stability—Cardoso, Edun

DailyTimesNGR DailyTimesNGR 26 April 2025 0

BY MOTOLANI OSENI The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, and the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, have declared that Nigeria has exited its most turbulent economic period and is now firmly on a path towards sustained

News

Implementation of EFEMS to ensure trust, achieve efficient fx markets – Cardoso

DailyTimesNGR DailyTimesNGR 7 October 2024 0

The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, says the apex bank’s decision to implement the Electronic Foreign Exchange Matching System (EFEMS) is to ensure trust. According to a statement by CBN’s Acting Director, Corporate Communications Department, Mrs Hakama Sidi-Ali, Cardoso said this while addressing members of the Harvard Club of […]

Business

I’m optimistic MPC decisions will tame inflation-Cardoso

DailyTimesNGR DailyTimesNGR 26 June 2024 0

The governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso, says he is optimistic that the decisions of the bank’s Monetary Policy Committee (MPC) would tame inflation in the country. Mr. Cardoso stated this in an interview with Bloomberg in London on Tuesday. The CBN boss also gave insights on the current state of […]

Headlines

Cardoso highlights achievement in FX stability as Nigeria secures $2.25bn World Bank loan

DailyTimesNGR DailyTimesNGR 22 April 2024 0

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has explained what the apex bank has been able to achieve in foreign exchange stability, even as the Federal Government of Nigeria has announced its qualification for a loan from the World Bank, totaling $2.25 billion. Speaking at a joint press briefing with the […]

Headlines

MPC: Why MPR was raised by 400 basis points- Cardoso

DailyTimesNGR DailyTimesNGR 28 February 2024 0

. Says Naira grossly undervalued .Financial expert, Prof Uwaleke says MPC decision ‘an overkill’ .MPC outcome to hurt real sector- Muda Yusuf By Mathew Brangyet The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Tuesday, listed the current inflationary and exchange rate pressures, projected inflation, and rising inflation expectations as reasons