Cardoso
CBN working with SEC on framework for crypto regulation, says Cardoso
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the bank is collaborating with the Securities and Exchange Commission (SEC) to develop a sustainable framework for digital currencies in the country. Speaking during the CBN governor’s annual lecture series at the Lagos Business School (LBS) on Friday, Cardoso said cryptocurrencies, fintech, and blockchain […]
1000 CBN staff left voluntarily, says Cardoso
Central Bank Governor Olayemi Cardoso said the 1,000 staff who left the services of the bank in December were not forced to leave. Cardoso, who spoke through the Deputy Director Corporate Service, Bala Bello at the resumed investigative hearing on the disengagement of the 1000 workers by the apex bank and how the N50 billion […]
ICYMI: Nigeria’s FX reserves hit $40bn, highest in 33 months – Cardoso
The Governor of the Central Bank of Nigeria, Mr Olayemi Cardoso, has announced that Nigeria’s foreign exchange reserves have reached over $40bn, marking their highest level in 33 months. He made the disclosure during a symposium in Abuja on Thursday, which coincided with the unveiling of the compendium, “Promoting Stability in an Era of Economic […]
Disquiet In CBN As Cardoso Retires ‘Emefiele’s Directors’
Barring any last minute changes, at least eight directors at the Central Bank of Nigeria (CBN) would be served early retirement letters from the apex bank this week. These directors, some of whom were initially redeployed to an arm of the bank, FSS 2020 under the Governor’s Directorate, whose office is located in the Maitama […]
Senate committee holds session with CBN Governor Olayemi Cardoso
The Senate Committee on Banking, Insurance, and Financial Institutions has convened a session with Central Bank of Nigeria (CBN) Governor Olayemi Cardoso. The meeting, held at the Red Chambers on Friday morning, February 09, 2024, saw Cardoso accompanied by other CBN officials. Just days prior to this session, Cardoso had appeared before the House of […]
CBN Governor approves reviewed service charter
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has approved the apex bank’s revised “Service Charter.” According to the News Agency of Nigeria (NAN), the service charter is a prerequisite of the Business Facilitation Act 2022 that is meant to drive the ease of doing business in Nigeria. It compels the CBN […]