Why we Projected Moderation in Inflation, Maintained Key Rates - CBN   The Central Bank of Nigeria (CBN) has expressed optimism about a gradual drop in inflation rates, citing recent macroeconomic developments that are expected to positively impact price dynamics in the near to medium term. CBN...

The Governor of the Central Bank of Nigeria (CBN) Olayemi Cardoso, has called for stronger economic ties between Nigeria and the Middle East.

Nigeria’s consumer credit outstanding rose significantly by 26.29 per cent to N4.42tn in November 2024, up from the preceding month’s figure of N3.5tn.

Diaspora Remittances and Cardoso’s New Tricks, by Rahma Olamide Oladosu   Diaspora remittances have long been a crucial pillar of Nigeria’s economy, providing vital foreign exchange (forex) liquidity and contributing to financial stability. These inflows from Nigerians living abroad serve as a buffer against external shocks,...

Nigeria's GDP Per Capita Drops to $835, Says IMF   According to the International Monetary Fund (IMF), Nigeria's economic performance has taken a hit, with the country's Gross Domestic Product (GDP) per capita decreasing by 4.74% to $835.49 in 2025, compared to $877.07 in 2024. According to data from...

How CBN's Youth-friendly Policies will Drive Economic Growth - Cardoso   The Central Bank of Nigeria (CBN) has pledged to develop different youth-friendly credit policies and capacity-building programs to encourage innovation and foster economic growth. At the Youth Action Event in Abuja on Friday, the CBN Governor,...