Edun Says Tinubu Reforms Drive Sustainable Economic Growth
President Bola Tinubu’s economic reforms are being described as long-lasting and capable of sustaining themselves, with a clear focus on ...
Tag: Olayemi Cardoso
CBN OMO Sales Bolster Naira Amid Persistent Reserves Pressure
The Nigerian Naira strengthened by 1.76 percent over the last four trading days, closing at N1,356.89 per dollar, supported by ...
Naira Weakens to N1,389/$ as External Reserves Drop by $850m
Nigeria’s currency came under renewed pressure as the naira weakened to N1,389 per dollar, following a sharp decline in the ...
33 Banks Raise N4.65 Trillion as CBN Concludes Landmark Recapitalisation Programme
The Central Bank of Nigeria has announced the successful conclusion of the banking sector recapitalisation programme initiated in March 2024, ...
Liquidity Pressures Drive Naira to Weekly Loss
Nigeria's Naira concluded the trading week on March 27, 2026, with a significant decline against the United States dollar, despite ...
CBN Reforms Restore Investor Confidence as Bank Recapitalisation Nears Completion
The Central Bank of Nigeria has announced the implementation of bold and far-reaching reforms aimed at strengthening the nation’s economy ...
CBN Slashes Ways and Means Lending by Nearly 90 Percent
Olayemi Cardoso has announced a sharp reduction in the Central Bank of Nigeria’s financing to the federal government, cutting “ways ...
CBN Bars Chronic Loan Defaulters from Banking Services
The Central Bank of Nigeria has restricted banking services for large-scale loan defaulters, cutting off their access to fresh credit, ...
Nigerian Banks Raise N4.61trn Ahead of Recapitalisation Deadline – CBN
Nigerian banks have mobilised a total of N4.61 trillion in fresh capital as the March 31, 2026 recapitalisation deadline approaches, ...
Cardoso Seeks Continental Collaboration to Check Cross-Border Financial Risks
Central Bank of Nigeria Governor Olayemi Cardoso has called for enhanced continental collaboration to address cross-border financial risks, emphasising the ...
