- Naira weakens against the US dollar, and the Central Bank of Nigeria reports on transaction volumes.
The CBN, led by Olayemi Cardoso, initiated a program to promote proper currency handling and address public concerns regarding the Naira.
5 reports, 2 independent
Updated Jul 22
Gone quiet
- Reports
- 5
- Developments
- 7
- Repetition
- 20%
New informationRepeats or wire copies
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What happened
The CBN, led by Olayemi Cardoso, initiated a program to promote proper currency handling and address public concerns regarding the Naira.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- The Central Bank of Nigeria (CBN) managed a surge in foreign exchange utilization within the Nigerian economy.Sub-event
- CBN held a fair in Bauchi and issued guidelines on naira usage under Cardoso's leadership.Sub-event
- The SEC is actively pushing to reconnect Nigerian investors with unclaimed dividends, specifically addressing funds denominated in naira.Sub-event
CBN explains reduced circulation of lower denomination notes and manages currency flow.1 source
Naira appreciated to N1,380.18 against the USD following CBN reforms.1 source
Olayemi Cardoso serves as CBN Governor, managing the Naira, Nigeria's legal tender.1 source
CBN launches initiative led by Olayemi Cardoso to promote proper currency handling of the Naira.1 source
Keep exploring
The entities involved
Related events
- The Central Bank of Nigeria modernized its foreign exchange administration.
- CBN efforts and foreign exchange directives led to anticipated naira strength and stabilization in the market.
- The Central Bank of Nigeria manages the financial system in Nigeria, with Olayemi Cardoso leading the management team.
- Budget issues regarding the national currency were discussed in the context of the olodo uprising.
- The Central Bank of Nigeria sets monetary policy while OPay and experts discuss financial inclusion and fintech in Nigeria.