CBN schedules first MPC meeting under Cardoso

The Central Bank of Nigeria (CBN) has scheduled the first Monetary Policy Committee (MPC) meeting under the tenure of Mr Olayemi Cardoso as governor, for 26 and 27 February. According to a statement by CBN’s Acting Director, Corporate Communications Department, Hakama Sidi-Ali, the apex bank, consequently, held a two-day strategic session for members of the … Read more

CBN pays $61.6m, brings total settled backlog to $2bn

As part of its efforts over the last three months to redeem outstanding forward liabilities to foreign airlines, the Central Bank of Nigeria (CBN) has disbursed about $61.64 million to the airlines through various banks. Acting Director, Corporate Communications Department of the bank, Hakama Sidi Ali, on Sunday, said the forex settlement brings to $2 … Read more