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CBN and the imperative of expanding anti-money laundering systems
Financevanguard-ng1mo ago

CBN and the imperative of expanding anti-money laundering systems

By OLUSEGUN RASAQ Banks, mobile money operators, international money transfer operators and other financial institutions in Nigeria are required to deploy automated anti-money laundering, AML, systems under new baseline standards issued by the Central Bank of Nigeria, CBN. The CBN under its Governor, Olayemi Cardoso has strengthened financial crime detection and compliance mechanisms across the sector. […] The post CBN and the imperative of expanding anti-money laundering systems appeared fir...

Breaking: CBN eases MPR by 50 basis points to 26.5%
FinancePremium Timesvanguard-ng1mo ago2 sources

Breaking: CBN eases MPR by 50 basis points to 26.5%

CBN Governor Olayemi Cardoso announced this on Tuesday after the meeting of the CBN's Monetary Policy Committee. The post Breaking: CBN eases MPR by 50 basis points to 26.5% appeared first on Vanguard

Cardoso: Nigeria’s financial reforms boost shock resistance, investor confidence
Businessvanguard-ng1mo ago

Cardoso: Nigeria’s financial reforms boost shock resistance, investor confidence

Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has said that Nigeria’s recent monetary and financial-sector reforms have strengthened the country’s capacity to withstand external shocks and restored investor confidence. The post Cardoso: Nigeria’s financial reforms boost shock resistance, investor confidence appeared first on Vanguard News.

BusinessFT1mo ago

Nigeria's Economic Shock Plan and Central Bank Stability Efforts

Nigeria's economic shock plan is currently under trial, with signs of progress emerging despite ongoing challenges like insecurity and high living costs. The central bank governor, Olayemi Cardoso, discussed sweeping policy changes aimed at securing stability in turbulent times, also touching upon the impact of the Iran war.

Nigeria’s Net External Reserves rises 50.5% to $34.8bn- Cardoso
Financevanguard-ng1mo ago

Nigeria’s Net External Reserves rises 50.5% to $34.8bn- Cardoso

By Babajide Komolafe The Governor of  the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso has disclosed that the nation’s Net External Reserves rose 50.5 per cent, year-on-year, to $34.8 billion in 2025 from $23.11 billion in 2024.   In a statement from the apex bank, Cardoso said that the growth in external reserves reflects stronger external […] The post Nigeria’s Net External Reserves rises 50.5% to $34.8bn- Cardoso appeared first on Vanguard News.