Olayemi Cardoso Archives

Private sector laments loan repayment as interest rate hits 26.26%

Cardoso clinches Central Bank Governor of the Year award in Abidjan

Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, has been honoured as the Central Bank Governor of the Year at the 2025 African Banker Awards held in Abidjan, Côte d’Ivoire. The award was presented during a gala ceremony on Wednesday, May 28, by African Banker magazine. Cardoso was recognised for his bold and […]

monwubukepdnlimited-com
30th May 2025
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CBN gov Cardoso vows crackdown on illicit funds via Binance

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Inflation biggest threat to Nigerians’ economic stability – Cardoso

The Governor of Central Bank of Nigeria, Olayemi Cardoso, has identified inflation as the primary threat to Nigerians’ economic welfare, committing to reducing it to single digits in the medium term. Speaking at the 2025 IMF and World Bank Spring Meetings in Washington, D.C., he stressed the need to curb inflation to stabilize household incomes […]

monwubukepdnlimited-com
28th April 2025
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News

Cardoso reassures investors of macroeconomic stability, confidence

The Central Bank of Nigeria Governor, Olayemi Cardoso, has reassured international investors that ongoing reforms are steadily bringing about macroeconomic stability and boosting confidence in the economy. Cardoso made this disclosure at a forum in New York, organized by the apex bank in collaboration with J.P. Morgan, the Nigerian Exchange Group, and the Africa Private […]

monwubukepdnlimited-com
20th April 2025
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News

Cardoso reaffirms commitment to gender-balanced leadership

The Central Bank of Nigeria Governor, Olayemi Cardoso, has reaffirmed the bank’s commitment to gender-balanced leadership. He revealed that women now make up 35% of the bank’s directors and half of its non-executive board, marking significant progress from previous levels. Speaking at the grand finale of the International Women’s Day celebrations at the CBN Head […]

monwubukepdnlimited-com
28th March 2025
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Economy

Cardoso confirms positive steps in FX market stabilization

Governor Olayemi Cardoso of the Central Bank of Nigeria has expressed optimism about the progress in stabilizing the foreign exchange market and controlling inflation. He noted that recent policy reforms are beginning to show positive results. Cardoso made this disclosure during an interaction with scholars from the Harvard Kennedy School at the CBN headquarters in […]

monwubukepdnlimited-com
25th March 2025
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News

National theatre renovation marks new era for creative sector – Cardoso

The Governor of Central Bank of Nigeria, Olayemi Cardoso, has described the renovation of the National Arts Theatre in Iganmu, Lagos, as a major boost for Nigeria’s creative sector. Cardoso made this disclosure during a tour of the building alongside his Deputy Governors, Philip Ikeazor and Ms. Emem Usoro, and several bank managing directors on […]

monwubukepdnlimited-com
7th March 2025
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24 Views

News

Cardoso urges action to address shortage of finance professionals

The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, has emphasized the urgent need to tackle the shortage of skilled professionals in finance-related fields within Nigerian universities. In a statement released by the CBN on Sunday, Cardoso made this call during a strategic meeting held at the CBN headquarters in Abuja, according to […]

monwubukepdnlimited-com
21st October 2024
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Bankers oppose removal of retained earnings in CBN terms

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Nigeria’s external reserves surge to $39.07bn – Cardoso

Nigeria’s external reserves have continued to grow, reaching $39.07 billion as of September 19, 2024. This increase reflects positive trends in foreign exchange inflows and ongoing efforts to stabilize the economy. This was disclosed by the Governor of the Central Bank of Nigeria, Yemi Cardoso, at a press briefing at the end of the 297th […]

monwubukepdnlimited-com
24th September 2024
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News

FAAC allocations affect exchange rate stability – Cardoso

The Central Bank of Nigeria has indicated a significant correlation between monthly disbursements from the Federation Account Allocation Committee and liquidity levels in the banking system. The CBN noted that these disbursements play a crucial role in influencing exchange rates. The Governor of the CBN, Mr. Yemi Cardoso, made this disclosure at the press briefing […]

monwubukepdnlimited-com
24th September 2024
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Business

Naira plummets over 50% in Cardoso’s first year in office – Report

The Naira has lost more than half of its value in the past year since Yemi Cardoso took office as the Governor of the Central Bank of Nigeria. According to data from the FMDQ, the local currency fell from N747.76 to N1,541.52 against the dollar between September 22, 2023, and September 20, 2024, marking a […]

monwubukepdnlimited-com
23rd September 2024
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News

Cardoso ‘pleased’ with naira recent stability, says worst days over

Nigeria’s Central Bank governor, Olayemi Cardoso, says he’s “relatively pleased” with the naira’s recent stability. In an interview with Bloomberg TV on Tuesday, Cardoso affirmed that the naira’s high volatility would not resurface again. He said “I do believe that we have more or less seen the worst in terms of volatility,” Cardoso said. “We […]

monwubukepdnlimited-com
25th June 2024
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Banking

Natural catastrophes, conflict pose danger to countries’ financial stability – Cardoso

The governor of the Central Bank of Nigeria, Dr. Olayemi Cardoso, has stated that natural catastrophes and violence have jeopardized the financial stability of nations. The PUNCH recorded that, at the Joint World Bank/IMF/WAIFEM Regional Training on Medium Term Debt Management Strategy in Abuja on Monday, Cardoso issued the warning. The head of the Apex […]

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5th March 2024
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29 Views

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Tag: Olayemi Cardoso

Cardoso clinches Central Bank Governor of the Year award in Abidjan

Inflation biggest threat to Nigerians’ economic stability – Cardoso

Cardoso reassures investors of macroeconomic stability, confidence

Cardoso reaffirms commitment to gender-balanced leadership

Cardoso confirms positive steps in FX market stabilization

National theatre renovation marks new era for creative sector – Cardoso

Cardoso urges action to address shortage of finance professionals

Nigeria’s external reserves surge to $39.07bn – Cardoso

FAAC allocations affect exchange rate stability – Cardoso

Naira plummets over 50% in Cardoso’s first year in office – Report

Cardoso ‘pleased’ with naira recent stability, says worst days over

Natural catastrophes, conflict pose danger to countries’ financial stability – Cardoso

UK store plans rescue strategy to avoid closure,.

Nigerians will see major improvement in power supply.

United Airlines brings Spotify playlists, audiobooks, onboard flights

NITDA opens applications for GITEX Nigeria 2025

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