Olayemi Cardoso

…as CBN pulls forex out of commercial banks grip with Retail Dutch Auction System   After over a decade of dangerous racketeering in Nigeria’s foreign exchange market by commercial banks, …

Africa’s richest man and Chairman of Dangote Group, Aliko Dangote, Chairman of Heirs Holding and United Bank of Africa, Tony Elumelu, Chief Executive Officer of the Financial Derivatives Company Limited, …

As part of effortes to check current hyper inflation in the country, the Central Bank of Nigeria today raised interest rates in West Africa’s biggest country. The CBN raised its …

CBN uncovers $2.4bn fraudulent FX backlog claimsA massive sum of $2.4 billion out of Nigeria’s controversial foreign exchange backlogs has been found to be fraudulent and invalid for settlement. Governor …

The Governor of Central Bank (CBN),  Dr Olayemi Cardoso at a conference of bankers on Friday revealed plans by the Federal Government to embark on another recapilasation of all commercial …