olayemi cardoso

The Digest: Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has announced that 20 banks have fully met the apex bank's minimum capital requirements, raising a total of N4 trillion as of February 19, 2026. Speaking at the MPC's 304th meeting in Abuja, Cardoso revealed that an additional...

The Digest: The Central Bank of Nigeria's (CBN) Monetary Policy Committee (MPC) has reduced the Monetary Policy Rate (MPR) from 27 percent to 26.5 percent, the lowest level since May 2024 when it stood at 26.25 percent. Governor Olayemi Cardoso announced the 50-basis-point cut at the...

The Digest: Governor of the Central Bank of Nigeria, Olayemi Cardoso, has disclosed that Nigeria's external reserves have risen to approximately $49 billion as of February 5, 2026. Speaking at the National Economic Council Conference, Cardoso described the increase as a strong signal of...

The Digest: The Central Bank of Nigeria has announced plans to introduce a new regulatory framework to ease debit card issuance and improve Automated Teller Machine operations nationwide. CBN Governor Olayemi Cardoso stated the policy aims to tackle persistent cash access challenges and...

The Digest: Billionaire investor and First Bank Chairman Femi Otedola has commended President Bola Tinubu’s “deep economic understanding” while announcing that the bank has met the Central Bank’s N500 billion minimum capital requirement ahead of the March 2026 deadline. Otedola also called for...

The Digest: The House of Representatives has summoned Central Bank Governor Olayemi Cardoso to appear before its Public Accounts Committee. This follows a motion alleging the CBN failed to remit N16.3 trillion in operating surpluses and collected revenues to the Federal Government between 2016...

The Digest: CBN Governor Olayemi Cardoso has confirmed that 16 banks have fully complied with new capital rules, a significant step in fortifying the financial foundations meant to weather economic storms and support national ambition, revealing the steady build of institutional resilience...

The Digest: In a last-minute change, Central Bank Governor Olayemi Cardoso will lead Nigeria's delegation to the critical World Bank and International Monetary Fund (IMF) annual meetings. The shift comes as the Coordinating Minister of the Economy, Wale Edun, has been ruled out due to a...

The Digest: Central Bank of Nigeria Governor Olayemi Cardoso has revealed significant progress in the ongoing banking sector recapitalization, confirming that 14 financial institutions have now fully met the new regulatory capital thresholds. The announcement was made during Tuesday's Monetary...

In a continent often rocked by economic headwinds, a steady hand has emerged. Olayemi Cardoso, Governor of the Central Bank of Nigeria, has been crowned Central Bank Governor of the Year at the 2025 African Banker Awards in Côte d’Ivoire. His bold reforms are not just headlines—they're signals...