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Olayemi Cardoso

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Money

Cardoso, Okonjo-Iweala to Headline 7th Africa Emerging Markets Forum

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, and the Director-General of the World Trade Organisation (WTO), Dr. Ngozi...

News

Again, CBN Retains Interest Rate at 26.5%

BY NKECHI NAECHE-ESEZOBOR—–Nigeria’s apex bank, the Central Bank of Nigeria retained the Monetary Policy Rate (MPR), the country’s benchmark interest rate, at 26.5...

Money

CBN Revokes Licences of 46 Microfinance Banks

BY NKECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks with effect from July 1, 2026,...

Technology

CBN, NCC Seal Pact to Combat E-Fraud, Boost Payment System Security

BY NKECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have entered into a strategic partnership aimed at curbing...

Money

Nigeria’s Net Foreign Reserves Surge to $34.8billion – CBN

Nigeria’s net foreign reserves surged to $34.8 billion at the end of 2025, marking a substantial improvement in the country’s external buffers, the...

Money

Cardoso: 20 Banks Meet CBN Capital Requirement as ₦4.05trn Recapitalisation Gains Momentum

BY NKECHI NAECHE-ESEZOBOR—Central Bank of Nigeria Governor, Mr. Olayemi Cardoso, has disclosed that a total of ₦4.05 trillion has been verified and approved...

Money

Cardoso Hails AU Approval of Nigeria’s Permanent Seat on African Monetary Institute Board

BY NECHI NAECHE-ESEZOBOR—Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), has welcomed the approval by the African Union (AU) granting Nigeria...