Banks in Nigeria have witnessed a significant surge in their borrowings from the Central Bank of Nigeria (CBN), particularly from the Standing Lending Facility (SLF). According to the latest data, …
Central Bank of Nigeria
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The National Association of Seadogs, also recognized as Pyrates Confraternity, advocates for the establishment of state police to address rising insecurity across the nation. Additionally, they have highlighted the need …
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Business
Nigeria’s Central Bank Sees Hopeful Turn with Cardoso’s Appointment Amidst Exchange Rate Crisis
In a move that has garnered widespread acclaim, President Bola Tinubu announced the appointment of Olayemi Cardoso as the new governor of the Central Bank of Nigeria (CBN) on Friday. …
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Business
Meet the new CBN governor and his deputies: A team of experts with over 130 years of experience
President Tinubu has nominated Olayemi Cardoso as the new CBN governor.
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In a recent report, the National Bureau of Statistics (NBS) disclosed that Nigeria’s inflation rate surged to 25.80% in August 2023, marking a 1.72% increase from the previous month’s figure …
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