Tag: Cardoso
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NGX equity market rebounds by 1.63%, investors gain N902bn
The equity market on Thursday rebounded by 1.63 per cent from its two-day losses due to improved investors’ buy interest in the stocks of...
CBN removes the allowable limit on fx rates quoted by IMTOs
The Central Bank of Nigeria (CBN), has removed the allowable limit of exchange rate quoted by the International Money Transfer Operators (IMTOs).This is according...
Why CBN ordered banks to sell off their dollar reserves immediately
The Central Bank of Nigeria (CBN) on Wednesday ordered Deposit Money Banks to offload their excess dollar reserves by February 1, 2024.This is in...
NGX: Investors net worth decline by N1.07trn
The bears dominated the domestic market on Nigerian Exchange Ltd. (NGX) on Wednesday as market capitalisation dropped by N1.07 trillion.Specifically, the market capitalisation closed...
Economic challenges just a passing phase, prosperity underway – Cardoso
The Governor of Central Bank of Nigeria (CBN), Olayemi Cardoso, has admitted the challenges of the Nigerian economy, noting that the impasse is just...
