Dr Olayemi Cardoso

Outgoing UK Envoy Credits Cardoso’s Reforms For Nigeria’s Economic Turnaround

Outgoing UK High Commissioner Richard Montgomery says Nigeria's recent economic reforms have helped drive what he described as the country's economic turnaround. He made the remarks during a farewell visit to CBN Governor Olayemi Cardoso before the end...

Okonjo-Iweala, Cardoso Warn Africa to Rethink Trade Strategy as Global Rules Shift

The WTO's Director-General, Dr Ngozi Okonjo-Iweala, says Africa has a rare opportunity to benefit from global supply-chain diversification driven by geopolitical tensions. She urged countries to move beyond exporting raw materials and develop regional value chains. Okonjo-Iweala also...

Cardoso, Okonjo-Iweala To Lead Talks On Africa’s Move To Tackle Global Economic Risks

CBN Governor Olayemi Cardoso and WTO Director-General Ngozi Okonjo-Iweala will headline the 7th Africa Emerging Markets Forum with a high-level dialogue on Africa's economic resilience. Abuja will host policymakers, central bankers, ministers and global economic experts to examine...

Cardoso defends crackdown on microfinance banks, gives reason for scarcity of lower naira notes

The Central Bank of Nigeria says its decision to revoke the licences of 46 microfinance banks was aimed at protecting depositors and strengthening regulatory compliance across the financial sector. Governor Olayemi Cardoso also assured customers those banks yet...

Cardoso explains CBN’s next move after keeping rates unchanged at 26.5%

The Central Bank of Nigeria retained its benchmark interest rate at 26.5%, signalling that the battle against inflation is not yet over despite signs of easing price pressures. Governor Olayemi Cardoso said the MPC remains focused on preserving...

Cardoso Reshuffles CBN Leadership, Appoints Ikeazor to Oversee Monetary Policy

June 02, (THEWILL) — Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reassigned the responsibilities of the institution’s four deputy governors in a strategic leadership reshuffle aimed at aligning the bank’s expertise with its evolving priorities. Under...

CBN Has Trimmed Ways & Means to N2.8trn – Cardoso

March 29, (THEWILL) — The Governor of the Central Bank of Nigeria, Mr Olayemi Cardoso, has disclosed that the country’s Ways & Means portfolio has been decimated to N2.84 trillion, against the N26.95 trillion mark inherited by the current...

Nigeria’s Reforms Strengthen Shock Resilience, Boost Investor Confidence – Cardoso

March 18, (THEWILL) — The governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, says Nigeria’s recent monetary and financial sector reforms have strengthened the economy’s ability to withstand external shocks and restored investor confidence. Speaking at the...

Banking Sector Ready to Fund High-scale Investment for Rapid Economic Growth – Cardoso

March 15, (THEWILL) — The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has said the country’s banking sector is now positioned to support the scale of investment required for Nigeria’s economic transformation. According to Cardoso, Nigeria's financial...

Cardoso: Reforms Built Over Two Years Put Nigeria in Strong Position to Weather Global Shocks

March 13, (THEWILL) — Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, on Thursday said the macroeconomic reforms and policy buffers built over the past two years have placed Nigeria in a stronger position to...
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