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High FAAC Raises Inflation Concerns – Cardoso

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has expressed concern over the inflationary implications of rising liquidity levels in the banking system.

Nigeria’s Current Account Surplus Drops to 2.7% – Report

Nigeria’s current account surplus is projected to decline sharply in 2025, dropping to 2.7% of GDP from 9.2% in 2024, according to the H2 2025 Economic Outlook Report released by CSL Stockbrokers Limited, a subsidiary of FCMB Group Plc.

CBN Survey Reveals 65.8% Nigerians Back Interest Rate Cut

The Central Bank of Nigeria’s (CBN) survey has revealed that 65.8 percent of respondents want the monetary authority to cut interest rates. The finding comes just days before the Monetary Policy Committee (MPC) convenes for its July meeting to decide on the future direction of interest rates.

CBN: Building Financial Alliance with Egypt Central Bank

When Governor Olayemi Cardoso led a high-level CBN delegation to meet Central Bank of Egypt Governor Hassan Abdalla, it was a deliberate step toward operational partnership, not just a photo opportunity.

As Nigeria Leads Africa’s FX Revolution, by Rahma Olamide Oladosu

As Nigeria Leads Africa’s FX Revolution, by Rahma Olamide Oladosu   It was an event that passed with little fanfare, the kind that quietly dissolves into routine headlines. On June 26, 2025, the Central Bank of Nigeria and the Central Bank of Egypt held a bilateral...

Excess Cash in Circulation and CBN’s Silent Liquidity War, by Rahma Olamide Oladosu

Excess Cash in Circulation and CBN’s Silent Liquidity War, by Rahma Olamide Oladosu   There is a quiet war unfolding beneath the surface of Nigeria’s monetary landscape and its implications stretch far beyond the policy chambers of the Central Bank. It is a war not fought...