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featured Opinion

Cardoso is the best CBN gov ever — Otedola

Prominent investor with over three decades of experience across multiple economic cycles, Femi Otedola, has described Yemi Cardoso as the best Central Bank Governor Nigeria has produced, praising his leadership style and commitment to doing what is right for the economy. He said, “I say this without hesitation: Yemi Cardoso is the best Central Bank […]

Economy

FATF exit saves Nigeria $30bn, says CBN gov

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, stated that Nigeria’s exit from the Financial Action Task Force grey list has successfully restored global confidence in the nation’s financial system and prevented the economy from losing over $30 billion in potential investments. The Governor made this significant disclosure on Friday during the annual […]

Diaspora Nigerians to pay ₦80,000 for remote BVN
featured Investment

Foreign investment soars to $21bn in 2025 — Cardoso

Nigeria experienced a significant surge in external investor confidence, with foreign capital inflows reaching $20.98 billion in the first ten months of 2025. This figure, the highest in years, was disclosed by the Central Bank Governor, Mr. Olayemi Cardoso. Speaking at the 2025 Annual Bankers’ Dinner of the Chartered Institute of Bankers of Nigeria in […]

Private sector laments loan repayment as interest rate hits 26.26%
featured

Cardoso leads Nigeria to US for IMF, W’Bank meeting

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, will head Nigeria’s delegation to the 2025 World Bank and International Monetary Fund Annual Meetings in Washington D.C., which begin on Monday, October 13. According to a statement issued on Sunday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, Cardoso […]

Private sector laments loan repayment as interest rate hits 26.26%
Business

CBN reforms to deepen financial inclusion, boost economy – Cardoso

The Central Bank of Nigeria says ongoing reforms are aimed at strengthening the financial system, expanding inclusion, and boosting productivity across key sectors. CBN Governor Olayemi Cardoso, represented by Hakama Sidi, acting director of corporate communications, disclosed this on Tuesday at the CBN Fair in Kano themed “Driving Alternative Payment Channels as Tools for Financial […]

International investors remain cautious as Cardoso seeks cash infusions - Report
Banking

CBN gov urges banks to boost diaspora remittances to $1bn

Central Bank of Nigeria Governor, Olayemi Cardoso, yesterday, urged Nigerian banks to intensify support for the apex bank’s efforts to grow Diaspora remittances to $1 billion monthly, describing the inflows as a strategic lever for foreign exchange stability and broader economic transformation. Cardoso, who stated this during the 18th yearly Banking and Finance Conference of […]

Diaspora Nigerians to pay ₦80,000 for remote BVN
Economy

Cardoso hints at lower interest rates as inflation eases

The Governor of the Central Bank of Nigeria, Mr Olayemi Cardoso, has hinted that lending rates may decline in the coming months as inflation continues to ease, raising hopes for improved access to credit and stronger investment flows. Cardoso gave the assurance during a fireside chat at the European Business Chamber (Eurocham Nigeria) C-Level Forum […]

Diaspora Nigerians to pay ₦80,000 for remote BVN
Economy featured

CBN, Brazil central bank hold talks to boost economic cooperation

Governor of the Central Bank of Nigeria, Olayemi Cardoso, has engaged in high-level talks with his Brazilian counterpart, Gabriel Muricca Galípolo, to strengthen economic and financial cooperation between the two countries. The discussions took place during President Bola Tinubu’s state visit to Brazil and formed part of a broader working visit by the Central Bank […]

Diaspora Nigerians to pay ₦80,000 for remote BVN
News

Cardoso calls for African unity as Afreximbank assets top $40b

The Governor of the Central Bank of Nigeria, Yemi Cardoso, has urged greater strategic alignment among African nations as the African Export-Import Bank expands its capital assets beyond $40 billion as of 2024. He made the call on Wednesday during his remarks at the Afreximbank 2025 Annual Meetings, held under the theme “Building the Future […]

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 […]