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CBN Holds Interest Rates at 27.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained Monetary Policy Rates at 27.5 per cent

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.

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...

Nigeria’s Cashless Revolution and its Distant Destination, by Rahma Olamide Oladosu

Nigeria’s Cashless Revolution and its Distant Destination, by Rahma Olamide Oladosu   It is difficult if not impossible to ignore the buzz surrounding Nigeria’s growing dominance in real-time payments. At a recent digital finance summit, the Central Bank of Nigeria boldly positioned the country’s instant payment...

Gold, Grit and Vision: How Cardoso is Pushing Nigeria’s Reserve Reawakening, by Rahma Olamide Oladosu

Gold, Grit and Vision: How Cardoso is Pushing Nigeria’s Reserve Reawakening, by Rahma Olamide Oladosu   In a time when confidence in economic governance often hangs by a thread, the Central Bank of Nigeria’s recent decision to diversify the country’s external reserves away from an overwhelming...