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Under our watch, CBN will embrace compliance – Cardoso

THE Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has promised that his administration would inculcate a culture of compliance into the apex bank by adhering strictly to the CBN Act 2007.

“I believe that the Central Bank under our watch will have no choice but to embrace a culture of compliance,” he assured the Senate on Tuesday while responding to questions at his and four deputy governors’ screening.

Regarding some of his predecessors breaching legislation, the former Citibank Nigeria chairman assured the lawmakers that “you won’t have that during our administration,” adding that his team would not tolerate such behaviour.

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