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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...

Money

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...

Money

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...

Capital

CBN Cuts Interest Rate to 23%, First Reduction Since July Hold

BY NKECHI NAECHE-ESEZOBOR—Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has announced a cut in its Monetary Policy Rate (MPR) from 26.5%...

Money

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...

Money

Nigeria’s Remittances Hit Record $947m in July, Nearing CBN’s $1bn Monthly Target

Nigeria recorded US$947 million in remittance inflows through International Money Transfer Operators (IMTOs) in July 2026, the highest monthly inflow ever recorded through...

Capital

Domestic Investors Fuel NGX 57% Surge as Foreign Participation Drops to 12.1%

BY NKECHI BAECHE-ESEZOBOR—Managing Director of Coronation Asset Management, Aigbovbioise Aig-Imoukhuede, said Nigeria’s equities market recorded a 57 per cent return in the first...

Money

CBN Opens Applications for Second Cohort of Regulatory Sandbox Programme

The Central Bank of Nigeria has announced the commencement of the second cohort of its Regulatory Sandbox Programme, with a new dual-track structure...