Yemi Cardoso, the new CBN governor, has provided insights into what Nigerians should expect from himHe also addressed some of the CBN's policies under Godwin Emefiele's leadershipCardoso, alongside side four deputy Governors, was confirmed by the senate as the new CBN management team on Tuesday, September 26, 2023Olayemi Cardoso, the Central Bank of Nigeria (CBN) governor, has promised a policy shift in the future direction of the apex bank.
The Nation reports that one of Cardoso's plans is to shift CBN's focus away from direct involvement in development finance initiatives, which were a hallmark of former Godwin Emefiele's leadership Read More...
A complete list of failed microfinance banks with offices across the country has been revealedThe Central Bank of Nigeria shut down the microfinance banks after they failed to meet its requirements Microfinance banks offer banking services to low-income individuals or groups who otherwise would have no other access to financial servicesThe Central Bank of Nigeria (CBN) has closed down 103 microfinance banks across different parts of the country over the years. Read More...
A Nigerian cleric has shed light on what is being planned against the leader of the Roman Catholic Church Pope Francis In a Facebook post, the pastor claimed the pope is under pressure and appealed to people to put him in prayers The pope had recently authorised priests to bless same-sex couples, a directive that has continued to spark debates across social media platformsA Nigerian pastor, Robert Jr, has called for prayers for Pope Francis, saying there is a plan against him. Read More...