When Professor Olayemi Cardoso assumed office as Governor of the Central Bank of Nigeria (CBN) in 2023, the Monetary Policy Committee (MPC) was stepping into one of the most turbulent periods.
Nigerian deposit money banks disbursed N36.39 trillion in credit to the Trade and General Commerce sector in the first nine months of 2025, according to Central Bank of Nigeria data.
Nigeria’s net foreign exchange reserves have surged by an extraordinary 772 per cent in just two years, rising from $3.99 billion at the end of 2023 to $34.80 billion by December 2025, Governor of the Central Bank of Nigeria, Olayemi Cardoso, has disclosed.
CBN’s Rate Cut: A Calculated Turn Towards Growth, by Kabir Abdulsalam
After months of aggressive tightening, the Central Bank of Nigeria (CBN) has finally eased its grip.
At its 304th Monetary Policy Committee (MPC) meeting held this week, the apex bank reduced the Monetary Policy Rate...
Analysts Support MPC's Decision to Cut Rates by 50 Basis Points
Analysts have backed the decision of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to cut the rate by 50 basis points.
The stakeholders affirmed that the rate cut to 26.5...
