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  • Olayemi Cardoso

Tag: Olayemi Cardoso

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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 […]

Private sector laments loan repayment as interest rate hits 26.26%
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 […]

Private sector laments loan repayment as interest rate hits 26.26%
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 […]

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 […]

Bankers oppose removal of retained earnings in CBN terms
News

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 […]

Private sector laments loan repayment as interest rate hits 26.26%
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 […]

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 […]

Natural catastrophes, conflict pose danger to countries' financial stability - Cardoso
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 […]

Osun resubmits state's nomination for bank role, challenges CBN’s rejection
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FX debt: CBN owes just five banks, says Cardoso

With the exception of five banks, foreign exchange backlogs have been resolved, according to Olayemi Cardoso, Governor of the Central Bank of Nigeria. According to The PUNCH, Cardoso made this announcement on Thursday during an investor call that was organized by the Nigerian Exchange Group. He also promised to resolve the remaining foreign exchange backlogs […]

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