Tag: Olayemi Cardoso

CBN Cuts Interest Rate to 23% as Inflation Eases Further

The Monetary Policy Committee lowers the benchmark rate from 26.5% amid a…

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IMF Urges Nigeria to Deepen Fiscal, Monetary and Governance Reforms

The International Monetary Fund (IMF) has urged Nigeria and other major African…

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CBN Warns Traders, Real Estate Outlets Over Rejection of ₦100 Notes

How Infrastructure Deficit Stalls Growth in Real Estate can often be worsened…

CBN Revokes Licences of 46 Microfinance Banks Nationwide

The Central Bank of Nigeria (CBN) has revoked the operating licences of…

CBN Rate Pause Tightens Credit Conditions as High Interest Rates Slow Growth

The Central Bank of Nigeria’s (CBN) monetary policy decisions continue to shape…

IMF Praises Nigeria’s Economic Reforms as Recovery Gains Momentum

Nigeria’s sweeping economic reforms have earned strong commendation from the International Monetary…

Domestic Investors Provide 72% of Bank Recapitalisation Funds – CBN

Domestic investors have contributed about 72 percent of the funds raised by…

13 Nigerian Banks Face Uncertainty as CBN Sets March 31 Recapitalisation Deadline

Thirteen Nigerian banks are facing mounting pressure as the March 31, 2026…

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Edun Warns of Rising Debt Burden as Nigeria’s Debt Nears $100bn

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun,…

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Cardoso Unveils Strategic Priorities for 2026, Rules Out Deficit Financing

The Central Bank of Nigeria (CBN) has unveiled its policy direction for…

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