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Tag Archives: Yemi Cardoso

Private Sector Debt Hits N76trn As Interest Rates Soar

NIGERIA’s private sector borrowed an additional N1.89 trillion from banks in November 2024, bringing total credit to N75.96trn. This was a significant increase from N74.07trn recorded in the previous month despite persistent interest rate hikes by the Central Bank of Nigeria under the leadership of Governor Yemi Cardoso. The rise …

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Students Loan Committee Meets Ahead Of Program Launch

CBN Governor, Yemi Cardoso THE student loans program is ready to launch following the inaugural meeting of the special committee overseeing the Nigerian Education Loan Fund (NELFUND). Newsextra24 understands that the rollout of the scheme is scheduled for next Monday, February 26, 2024. The Governor of the Central Bank of Nigeria …

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CBN Governor Reveals FG’s Eight Years GDP Target

THE Governor of the Central Bank of Nigeria, Yemi Cardoso, disclosed on Thursday that the economic policy proposals put forth by President Bola Tinubu‘s administration have the potential to achieve a Gross Domestic Product (GDP) of one trillion dollars within a span of eight years. Naija News reports that the CBN governor revealed …

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