C BN announces new compliance department, projects 4.17% GDP The Central Bank of Nigeria (CBN) is taking bold steps to strengthen the nation's financial sector with the launch of a new Compliance Department, slated to begin operations by the end of February 2025. Governor Olayemi Cardoso made the announcement during the unveiling of the CBN's 2025 Macroeconomic Outlook Report, titled Stabilisation in Transition: Rethinking Reform Strategies for 2025 and Beyond. The event, held in Lagos, was organized by the Nigerian Economic Summit Group (NESG), with Cardoso joining virtually. In his address, Cardoso emphasized...