Somehow, the Central Bank Governor, Olayemi Cardoso is, like a leader in a primary, called the 'The Headmaster'. While  a headmaster oversees a school and ensures curriculums are covered thoroughly, the CBN's chief is saddled with the formidable responsibility of heading Nigeria's largest financial establishment.

CBN Uncover N2.3m Unauthorised Naira Transactions    The Central Bank of Nigeria (CBN) has raised concerns over the increasing trend of illicit transactions involving banknotes, warning that the practice threatens the stability of the financial system. CBN Governor, Olayemi Cardoso, disclosed this on Thursday at the Bank’s...

Hakama Sidi-Ali: Celebrating Women in Public Relations By Rahma Oladosu As we celebrate International Women’s Day, I find it compelling to pay tribute to one of the most recognizable female spokespersons in Nigeria’s financial sector, Hajia Hakama Sani-Sidi Ali. Her remarkable journey and accomplishments serve as...

Reps Direct CBN to Suspend ATM Charge Hike The House of Representatives has called on the Central Bank of Nigeria to suspend the implementation of the increment in Automated Teller Machine transaction charges given the economic situation in the country. The decision of the House was...

February Foreign Exchange Reserve Drops by $1.3bn   Nigeria’s foreign exchange reserves fell by $1.31bn in February 2025, reflecting sustained external pressures amid the recent appreciation of the naira. Data from the Central Bank of Nigeria (CBN) showed that reserves declined from $39.72bn on January 31, 2025,...

CBN Lowers T-Bill Rate to Below 18% to Stimulate Economic Growth   The Central Bank of Nigeria (CBN) has cut spot rates on Nigerian Treasury bills at the primary market auction on Wednesday in a bid to reduce its payment burden. The Apex Bank has been scaling...