HomeTagsOlayemi Cardoso

Olayemi Cardoso

News

Fire Hits Building Housing Polaris Bank on Lagos Island

KEY POINTS A fire outbreak affected a 17-storey building housing a Polaris Bank branch...
News

INEC Begins Distribution of Election Materials in Ekiti as Voter Register Hits 1.06 Million

KEY POINTS INEC has begun distributing sensitive election materials from the CBN in Ado...
Business

Cardoso warns bank directors to strengthen governance or face regulatory action

CBN Governor Olayemi Cardoso has warned Nigerian bank directors to strengthen corporate governance or face decisive regulatory action following the recent recapitalization exercise.
News

CBN, NCC Sign MoU To Tackle SIM-Related Fraud in Nigeria

The Central Bank of Nigeria and the NCC have signed a memorandum of understanding to tackle SIM-related fraud and launch a shared phone-number risk portal.
News

CBN closes bank recapitalization with N4.65trn fresh capital

The Central Bank of Nigeria has concluded the Nigeria bank recapitalization programme, with 33 deposit money banks raising a combined N4.65 trillion in fresh capital over 24 months.
Business

CBN Cuts Interest Rate to 26.5% as Inflation Eases

KEY POINTS The CBN reduced its benchmark interest rate from 27% to 26.5%, signaling...
News

CBN Holds Benchmark Interest Rate at 27 Percent

The Central Bank of Nigeria has held its benchmark rate at 27 percent, keeping pressure on inflation while signaling caution on economic risks.
Business

Foreign Investors Back Nigeria’s Reform-Driven Economic Outlook

Investors at a Washington forum back Nigeria’s economic reforms, citing stronger FX markets, record reserves, and sustainable growth targets.
News

Naira Holds Steady as Dollar Trades Around ₦1,472 Amid Market Jitters

The dollar to naira exchange rate today steadies at ₦1,472, supported by improved liquidity and cautious CBN intervention.
News

Naira Strengthens to 1,518 Per Dollar on Parallel Market

Naira rises in parallel market to ₦1,518 as central bank oversight and dollar flows ease speculative pressure.
News

Cardoso Calls for Skilled Graduates to Strengthen Finance Sector

CBN Governor Olayemi Cardoso stresses the need for more skilled finance graduates to drive Nigeria’s economic growth, calling for enhanced collaboration with academic institutions.

Latest articles

News

Fire Hits Building Housing Polaris Bank on Lagos Island

KEY POINTS A fire outbreak affected a 17-storey building housing a Polaris Bank branch...
News

INEC Begins Distribution of Election Materials in Ekiti as Voter Register Hits 1.06 Million

KEY POINTS INEC has begun distributing sensitive election materials from the CBN in Ado...
News

Kwara Police Deny Bandit Invasion Rumour in Oke-Oyi

KEY POINTS The Kwara Police confirmed there was no bandit invasion in Oke-Oyi despite...
News

FG to Evacuate Over 742 Nigerians From South Africa Amid Rising Xenophobic Attacks

KEY POINTS The Federal Government will evacuate over 742 Nigerians from South Africa before...