Edun, Cardoso Vow Stronger Fiscal, Monetary Coordination The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, and the Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, have pledged to strengthen coordination between fiscal and monetary authorities to consolidate Nigeria’s...

CBN Set to Revive eNaira, Expand Digital Financial Services The Central Bank of Nigeria (CBN) is working on reviving the eNaira project as it reaffirms its commitment to building trust and expanding digital financial services access in the country. Nigeria’s Central Bank Digital Currency, eNaira, was...

Cardoso: We Won’t Stop Until Inflation Hits Single Digit The Central Bank of Nigeria (CBN) has said it will maintain a tight monetary policy stance until inflation is decisively curbed, reaffirming that achieving a single-digit inflation rate remains its top priority. CBN Governor, Mr. Olayemi Cardoso,...

Sanusi, Emefiele, and Cardoso: Three Titans! One CBN! Endless Trials! by  Zekeri Idakwo Laruba   From the moment President Bola Ahmed Tinubu unfurled his Renewed Hope agenda, it was clear that Nigeria’s economic governance was in for a seismic shift. Central to that vision is the...

CBN Retains Interest Rates at 27.5% to Cushion Food Inflation, Insecurity  The Central Bank of Nigeria has announced its decision to maintain Monetary Policy Rates (MPR), which benchmarks interest rates at 27.5 per cent. The decision of the Monetary Policy Committee of the bank was made...

CBN's NRBVN Rollout: Rewiring Diaspora Banking Access ‎By Zekeri Idakwo Laruba ‎In a landmark move to drive financial inclusion and boost diaspora engagement, the Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), has unveiled the Non-Resident Bank Verification Number (NRBVN)....