Governor of the CBN, Olayemi Cardoso, has emphasised the importance of engaging directly with businesses to understand the opportunities and constraints affecting financial activity between Nigeria and China, particularly those that could inform efforts to develop deeper, more accessible financial markets.
Central Bank of Nigeria Governor Olayemi Cardoso on Thursday defended September’s surprise interest-rate reduction, saying stronger economic conditions gave the bank room to repair weaknesses in how its policy decisions influence financial markets.
Nigeria recorded a record $947 million in remittance inflows through International Money Transfer Operators in July 2026.
The figure leaves the country just $53 million short of the CBN’s $1 billion monthly remittance target.
IMTO inflows reached $3.8...
Central Bank of Nigeria Governor Yemi Cardoso says recent economic reforms are rebuilding investor confidence and strengthening Nigeria's resilience.
He argues that artificial intelligence, stronger institutions and macroeconomic stability will determine Africa's competitiveness in the evolving global economy.
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November 12, (THEWILL) — Central Bank of Nigeria (CBN) Governor, Mr Olayemi Cardoso, has urged Nigerians to take collective responsibility for sustaining ongoing economic reforms, warning that recent gains could be lost without discipline, transparency, and inclusivity.
Speaking at a...
April 20, (THEWILL) – The Central Bank of Nigeria (CBN), in collaboration with J.P. Morgan, the Nigerian Exchange Group (NGX) and Africa Private Capital Association (AVCA), on Thursday, April 17, 2025, hosted a high-profile global forum at Nasdaq MarketSite...
October 21, (THEWILL) - Central Bank governor, Olayemi Cardoso, has reiterated the commitment of the apex bank to developing the next generation of leaders in the financial and social sciences sectors.
Giving the commitment during a strategic engagement...
February 07, (THEWILL) - The Senate, on Tuesday, summoned President Bola Tinubu’s economic team over the state of the economy and the free fall of the Naira.
THEWILL recalls that the Senate Committee on Banking, Insurance, and Other Financial...
February 05, (THEWILL) - The Central Bank of Nigeria (CBN) Governor, Yemi Cardoso, says the apex bank has discovered $2.4 billion invalid forex outstanding claims pressuring the naira and causing anxiety in the currency market.
Cardoso disclosed this in...
January 24, (THEWILL) - The Governor, Central Bank of Nigeria (CBN), Dr Olayemi Cardoso, has revealed that a new 5-Year Strategy has been launched for the CBN under his leadership.
Dr Cardoso, who disclosed this in a keynote address...
An Akwa Ibom State High Court sitting in Uyo has dismissed a petition seeking the dissolution of a marriage that has lasted over 43 years, ruling that lack of love and mutual respect between spouses does not, on its own, constitute sufficient legal grounds for divorce.
