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Tag Archives: Central Bank of Nigeria

CBN Holds Talks With IMTOs To Raise Remittance Inflows To $1bn

Central Bank of Nigeria (CBN) has engaged leading international money transfer operators (IMTOs) to raise remittance inflows to $1 billion through formal channels. Newsextrea24 reports that governor of CBN, Olayemi Cardosa revealed this while speaking about remittance target during a press conference in Washington DC on Saturday. Leading the Nigerian …

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IMF Reacts After CBN Increased Nigeria’s Interest rates

…says naira now showing sign of stability THE International Monetary Fund (IMF) has commended the Central Bank of Nigeria for increasing interest rates, saying Nigeria’s currency, the naira is now showing signs of stability. The IMF stated this in its global financial stability report launched during a press briefing in …

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