Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), has stated that he is not accountable for the nation’s economic problems. Cardoso made this statement on Tuesday, February 27, during the first Monetary Policy Committee (MPC) meeting run by him. Additionally, he stated that the CBN is acting to restore the nation’s financial…
Mr Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), predicts that Nigeria’s inflation rate would fall from 28.92 percent to 21.4% by 2024. Mr Cardoso made the remarks during his speech to the House of Representatives in Abuja on Tuesday. “Inflationary pressures are expected to decline in 2024 due to the CBN’s inflation-targeting…
The Central Bank Governor, Olayemi Cardoso, has stated that the continuing measures to shift divisions and workers to other branches are in reaction to the existing “overpopulation” at the headquarters. According to reports, the departments relocated by the CBN include Banking Supervision, Other Financial Institutions Supervision, Consumer Protection Department, Payment System Management Department, and Financial…