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Olayemi Cardoso

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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...

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...

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

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...