The House of Representatives Committee on Public Account has threatened to issue a warrant of arrest on the Central Bank Governor, Oluyemi Cardoso, for shunning its invitations. The Chairman of the committee, Bamidele Salam (PDP, Oyo), issued the threat in a letter addressed to Mr Cardoso on Tuesday. In the letter, dated 27 February, the … Read more
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) will impact the growth of the Nigerian economy, central bank governor Olayemi Cardoso said on Monday. Expressing concerns about the impact of previous MPC meetings on the economy, he said the MPC will complement the fiscal side and ensure that it moves the … Read more
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has described the Nigerian currency as “undervalued.” Mr Cardoso stated this Wednesday at the Launch of the Nigerian Economic Summit Group (NESG) 2024 Macroeconomic Outlook Report. “We believe that the naira is currently undervalued and, coupled with coordinated measures on the fiscal side, we will … Read more
