Tag: Governor Olayemi Cardoso

CBN will deploy necessary tools to battle inflation – Cardoso

Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has affirmed that the Federal Government is prepared to deploy all tools to rein in inflation. The CBN, Cardoso said, is prepared…

Read More Arrow

UPDATE : CBN Raises Interest Rate To 26.25%

To combat growing inflation, the Central Bank of Nigeria's Monetary Policy Committee hiked interest rates by 150 basis points, to 26.25 per cent from 24.75 per cent in March.  …

Read More Arrow

Naira appreciates further to N1382 per dollar as presidency warns speculators

The naira maintained a steady appreciation against the United States dollar on Thursday, gaining N18 to close 1,382/$ at the official market. This came as Presidency warned currency speculators to…

Read More Arrow