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UK cargo ship hit by projectile in Strait

  • 11th March 2026

NSDC, BOI launch ₦10bn fund for sugar projects

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Nigeria’s Q4 trade surplus slumps to N1.71tn amid

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FCCPC crucial for protecting Nigeria’s business environment –

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Dangote Refinery slashes petrol price by ₦100 to ₦1,075

Oil and Gas

Global food waste costs $1trn annually — UN

Foods
New SEC regulation to enhance transparency in bank recapitalization

SEC cautions fintechs on rising risks in digital finance

Finance

Dangote fertiliser demand surges amid Iran war disruption

Agribusiness

Author: Alade Abayomi ADeleke

Alade Abayomi ADeleke

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featured News

NNPC debunks recruitment exercise

FG targets 6500 megawatts power generation in six months
Electricity

Nigeria to achieve 20,000 megawatts by 2026 – Minister

10 facts about CBN governor-nominee Cardoso The President, Bola Tinubu, on Friday named Olayemi Michael Cardoso as the substantive Governor of the Central Bank of Nigeria. He is expected to replace the Acting Governor of the CBN Folashodun Shonubu if confirmed by the Senate. Below are 10 facts about him. i. Dr. Olayemi Cardoso hails from Lagos State, a city renowned for its vibrant economic and cultural diversity. ii.His parents were descendants of Brazilian returnees who belonged to prominent families in Popo Aguda, adding a rich cultural heritage to his background. iii. Dr. Cardoso's father, Felix Bankole Cardoso, made history as Nigeria's first indigenous Accountant-General of the Federation in 1963, setting a high bar for public service. iv. His academic journey began at Corona School Ikoyi, where he received his primary education, followed by St. Gregory's College in Lagos for his secondary education. v. Dr. Cardoso's pursuit of knowledge took him to Aston University, where he earned a Bachelor's degree (B.Sc.) in Managerial and Administrative Studies in 1980. vi. He continued his academic journey, earning a Master's degree in Public Administration in 2005 as a Mason Fellow, showcasing his commitment to continuous learning and growth. vii. Dr. Cardoso's career in finance included serving as the former chairman of Citibank Nigeria, where he undoubtedly honed his financial acumen. viii. His commitment to public service led him to serve as the Commissioner for Economic Planning and Budget in Lagos State during President Tinubu's tenure as the governor. ix. Dr. Cardoso is not just a participant in Lagos's economic development but also an architect. He is the founding chairman and co-chair of the Ehingbeti Summit, the Lagos State economic summit. x. Behind the impressive resume, Dr. Cardoso is a family man. He is married with five children and three grandchildren, embodying the values of responsibility and dedication.
News

Cardoso assumes office as CBN gov

Tinubu considering ‘temporary subsidy’ on petrol - Reports
Economy

Nigeria has best return on investments, Tinubu tells Indian investors

Tinubu considering ‘temporary subsidy’ on petrol - Reports
Opinion

Treasury management warns Tinubu against naira re-denomination

Tinubu considering ‘temporary subsidy’ on petrol - Reports
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Tinubu approves presidential CNG initiative

News

PHOTOS: Tinubu, LNG LTD executives meet in Abuja

CBN, others to review 2.9tTn tax credit scheme
Banking

CBN introduces Price Verification System for Forex

CBN to rename forex market amidst economic shifts
featured News

CBN denies issuing new policy on Forex

Jaiz Bank demands listing of N5.4bn shares on NGX
Banking

Jaiz Bank names Ahmed Hassan acting MD/CEO

Economy featured

Nigeria’s inflation hits 24.08% – NBS

Tesla grants Elon Musk $29bn in shares
World

Elon Musk tops Bloomberg’s world’s rich list

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