Tag: Yemi Cardoso
Sustained inflation decline informed MPR reduction to 26.50% — Cardoso
Abuja, Feb. 24, 2026 (NAN) The Central Bank of Nigeria (CBN) says its decision to reduce the Monetary Policy Rate (MPR) by 50 basis...
CBN offers $876m to fx markets, pledges more liquidity support
The Central Bank of Nigeria (CBN), has offered 876 million dollars to the foreign exchange (fx) markets to fulfil bids submitted by customers at...
CBN sells $148m to authorised dealers
The Central Bank of Nigeria (CBN) says it sold a cumulative amount of 148 million dollars to authorised dealers in the Nigerian Foreign Exchange...
CBN continues rates tightening, raises interest rate to 26.75%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday raised the country’s baseline interest rate by another 50 basis...
Your bank deposits are safe, CBN reassures Nigerians
The Central Bank of Nigeria (CBN) has again reassured the banking public of the safety of their deposits and the banking system’s resilience.
The apex...
No plan to revoke more bank licences – CBN
The Central Bank of Nigeria (CBN) says it has no plan to revoke the licences of more Deposit Money Banks (DMBs).
The Acting Director, Corporate...
CBN raises interest rate by 150 basis points to 26.25% from...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has raised the country’s baseline interest rate by 150 basis points to...
Naira appreciation and calls for CBN to sustain monetary policies
In recent times, the Naira, Nigeria’s legal tender, appears to be getting stronger after an all-time low of N1,900 in exchange for the dollar...
ACAMB commends CBN’s recapitalisation requirements
The Association of Corporate & Marketing Communication Professionals of Banks (ACAMB) has commended the Central Bank of Nigeria (CBN) for its new recapitalization measures...
New banks’ minimum capital requirement will enable long-term loans, says ex-ANAN...
A financial expert, Dr. Samuel Nzekwe, says the Central Bank of Nigeria’s (CBN) new minimum capital requirement for Nigerian banks will enable them to...
Inflation targeting: CBN again raises benchmark interest rate
The Central Bank of Nigeria (CBN) on Tuesday announced further tightening of monetary policy by raising the Monetary Policy Rate (MPR) by 200 basis...
CBN clears $1.5bn outstanding fx transactions, eliminates legacy backlog
The Central Bank of Nigeria (CBN) says all valid foreign exchange backlogs have now been settled.
This is according to a statement by CBN’s Acting...
Naira grossly undervalued – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Mr. Yemi Cardoso, says the naira is grossly undervalued.
Cardoso said this on Tuesday in Abuja,...
