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Governor of the Central Bank of Nigeria, Olayemi Cardoso, has reaffirmed the bank’s commitment to curbing inflation, describing its monetary policy stance as “steadfast” and impactful. Speaking at the CBN Special Day during the ongoing 37th Enugu International Trade Fair in Enugu on Friday, Cardoso said the apex bank’s tight monetary policies have significantly reduced…
President Bola Tinubu has nominated former Director-General of the Securities and Exchange Commission, Lamido Yuguda, as Deputy Governor of the Central Bank of Nigeria.The nomination was disclosed iin a statement imade available to Newsmen i on Wednesday n Abuja by the President’s Special Adviser on Information and Strategy, Bayo Onanuga. According to the statement, the…
Central Bank of Nigeria (CBN) has issued final operating licenses to 82 Bureaux De Change (BDCs) under its revised 2024 Regulatory and Supervisory Guidelines, ushering in a new era of transparency and resilience in Nigeria’s retail foreign exchange market. In a statement signed by Acting Director of Corporate Communications, Hakama Sidi-Ali, the apex bank said…