How our interventions produced encouraging outcomes – Cardoso

CBN gov, Cardoso reveals current total outstanding FX obligations

How our interventions produced encouraging outcomes – Cardoso …C0NTINUE READING HERE >>>


Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says “strategic interventions” of the apex bank have produced encouraging outcomes.

He stated this while making a presentation at a stakeholders’ meeting held by the House Committee on Banking Regulations, on Tuesday.

According to him, the CBN has taken decisive actions to ensure the safety, soundness, and resilience of the banking industry which include recapitalization by raising the minimum capital base to support the $1 trillion economy envisioned by the Federal Government by 2030.

He said, “Banks are…

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