Money

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Money

Cardoso, Oyedele Back Single-Digit Inflation as Reserves Hit 18-Year High

BY NKECHI BAECHE-ESEZOBOR( BANGKOK, THAILAND)—The Central Bank of Nigeria Governor Olayemi Cardoso and Finance Minister Taiwo Oyedele have said bringing inflation down to...

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AFC Appoints CBN Governor Yemi Cardoso as Board Chairman

Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has announced the appointment of Mr. Olayemi Cardoso, Governor of the Central Bank...

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IMF Urges Governments to Fix Public Finances as Bond Yields Hit Multi-Decade Highs

BY NKECHI BAECHE-ESEZOBOR—(Bangkok, Thailand)— The International Monetary Fund (IMF) has urged governments to repair their public finances “before the cracks widen,” warning that...

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IMF Keeps Growth Outlook at 3.1%, Raises 2027 Forecast to 3.4% Amid Rising Risks

NKECHI NAECHE-ESEZOBOR—(BANGKOK, Thailand) – The International Monetary Fund (IMF) has kept its 2026 global growth forecast at 3.1% and slightly raised its outlook...

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Cardoso Takes Nigeria’s Financial Reforms to Singapore, Signs MoU With GFTN on Innovation

En route to the IMF–World Bank Annual Meetings in Bangkok, the Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has...

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CBN Wins NES Distinguished Organisation Award for Economic Reforms

The Central Bank of Nigeria (CBN) has received the Nigerian Economic Society’s (NES) Distinguished Organisation Award in recognition of its institutional reforms and...

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CBN Strengthens Supervisory Focus on Terrorism Financing Risk

BY NKECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN) on Tuesday elevated terrorism financing supervision to a current supervisory priority, as part of its...

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Nigeria’s Q2 2026 Merchandise Trade Hits ₦41.44 Trillion

The Nigeria Breaue of Statistics,(NBS), on Monday said the nation’s Nigeria’s total merchandise trade grew to from ₦39,244.42 billion in Q2 2025 and...