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Tag: Yemi Cardoso
Naira tumbles to N1,234/$ at official market, speculators resume hoarding
The naira depreciated in its value against the United States dollar to N1,234 at the official foreign exchange market on Monday, according to data obtained from the FMDQ securities exchange.…
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ICAN Throws Weight Behind Senate, N30bn Ways and Means Must Be Recovered
The Institute of Chartered Accountants of Nigeria has expressed support for the move of the Senate to probe the Ways and Means loan to the Federal Government under the administration…
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Lawmakers Grill CBN Governor, Cardoso Over Free Fall of Naira (Video)
The Central Bank of Nigeria Governor, CBN, Yemi Cardoso has blamed the free fall of naira on the growing number of Nigerians studying abroad. He said this when he faced…
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FX backlog: 31 banks receive tranche payment from CBN
According to information released by the Central Bank of Nigeria (CBN), 31 banks have received tranche payments from the CBN to settle outstanding foreign exchange forward obligations. In order to…
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