Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has again reaffirmed the Bank’s commitment to implementing policies that foster sustainable growth in the financial markets while ensuring overall economic stability. 

Cardoso: A Timely Advocacy for Transparency, Accountability in Nigeria’s Debt Management  By Abdulrahman Abdulraheem Nigeria is regarded as one of the potentially wealthy and resource-rich countries in the world even though the huge potential is yet to translate into real economic prosperity for the nation. Just...

Mr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has reiterated the Bank’s commitment to collaborating with relevant financial institutions, fiscal authorities, and the National Assembly in order to ensure the success of the ongoing bank recapitalization exercise.  

CBN Governor Cardoso Sees End to Excessive FX Volatility The Central Bank of Nigeria (CBN) has disclosed that the worst is over for the Naira’s fluctuations. CBN governor, Olayemi Cardoso, struck an optimistic tone regarding the naira’s stability in a recent interview with Bloomberg TV. He expressed...

FX Reserves Fall by $1.8bn in 10 Weeks – CBN Nigeria’s foreign exchange reserves have fallen by $1.8bn in 10 weeks, according to data from the Central Bank of Nigeria (CBN). As of May 29, 2024, the country’s FX reserves stood at $32.69bn, down from $34.44bn...

Debt Management: CBN Calls for Transparency, Training for Professionals The Central Bank of Nigeria (CBN) has emphasised the importance of transparency in debt management and borrowing activities to build trust with investors, creditors, and the public. The CBN Governor, Olayemi Cardoso, made the call in Abuja,...