Nigeria’s Central Bank Governor, Olayemi Cardoso, has held talks with his Brazilian counterpart, Gabriel Muricca Galípolo, to strengthen economic and financial cooperation between the two countries. The engagement, which took place during…
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The Central Bank of Nigeria's (CBN) Monetary Policy Committee has retained the country’s interest rate at 27.50 per cent for the second time in 2025. CBN Governor, Olayemi Cardoso, disclosed this during a press briefing on Tuesday after…
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The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reiterated the Bank's dedication to enhancing economic cooperation between Nigeria and the Kingdom of Saudi Arabia. During a courtesy visit to the CBN…
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The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, on Tuesday unveiled a new Foreign Exchange (FX) Code to the market. At the event in Abuja, Cardoso stated that it would establish clear and enforceable standards for…
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The Federal Government of Nigeria has imposed a $10 billion fine on Binance, a global crypto exchange at the center of a crypto crackdown in the country.  Recall that the government accused Binance of benefiting from alleged illegal…
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The Central Bank of Nigeria (CBN) says it is planning to implement a new round of banking recapitalization for the Deposit Money Banks (DMBs). Mr Olayemi Cardoso, the CBN Governor, announced this at the 58th Annual Bankers’ Dinner…
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The Senate has begun the screening of Olayemi Cardoso, who is being considered for the position of substantive Governor of the Central Bank of Nigeria (CBN). Additionally, the Senate is also screening four deputy governor nominees for…
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The Senate will today (Tuesday) screen the acting Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, for confirmation into a substantive capacity alongside four nominees for the positions of CBN Deputy Governors,  to steer…
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