JUST IN: Nigeria Gaining Massively In Foreign Exchange Market – Says CBN Gov. Cardoso The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, asserted on Friday (today) that Nigeria is beginning to gain massively in the foreign exchange market. According to him, the foreign exchange market has experienced a substantial increase in liquidity, surpassing $1 billion, in recent days. The apex bank’s governor stated this today during a presentation to the Senate committee in Abuja. Cardoso, who was defending the current inflation rate, among other issues forcing Nigerians to lament,…
Tag: Gov. Cardoso
CBN Gov. Cardoso, Finance And Budget Ministers Appear Before Reps
CBN Gov. Cardoso, Finance And Budget Ministers Appear Before Reps On Tuesday, the House of Representatives received the presence of the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, as he addressed the current state of the economy. During the plenary session in Abuja, Cardoso provided an update to the lawmakers on the declining value of the naira and other monetary concerns impacting the economy. The CBN Governor was earlier summoned alongside the Minister of Finance and Coordinating Minister for the Economy, Wale Edun, the Minister of Budget and National…