External reserves hit $40.1 billion in July 2025 – Cardoso
Nigeria’s external reserves have climbed to $40.11 billion as of July 2025, according to the Central Bank Governor, Yemi Cardoso.
Tag: Yemi Cardoso
CBN Governor urges unity as Afreximbank hits $40bn in Assets, eyes stronger Africa trade
The Governor of the Central Bank of Nigeria, Yemi Cardoso, has called for strategic cohesion among African states amid the ...
Why I invested N320bn in First Bank – Otedola credits Tinubu, Cardoso reforms
Chairman of First Holdco Plc, Femi Otedola, has credited President Bola Tinubu’s economic reforms and the Central Bank of Nigeria’s ...
Naira gains for three straight days in official market but UK Pounds falls to N2,155
The naira appreciated to N1,583/$1 at the official foreign exchange market on Wednesday, strengthening slightly from N1,588.5/$1 recorded on Tuesday, ...
CBN’s NRBVN: The new frontier of Nigeria diaspora banking
Nigeria's diaspora financial integration strategy has entered a new phase with the introduction of the Non-Resident Bank Verification Number (NRBVN) ...
Credit to private sector declines to N73.66 trillion in February 2025 – CBN
The total credit to the private sector in Nigeria declined to N73.66 trillion in February 2025, marking a consecutive monthly ...
Cardoso says Nigeria’s Creative Industry could generate $25 billion with national theatre revamp
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has estimated that Nigeria's creative industry holds the potential ...
Credit to private sector declined by N1.07 trillion in January amidst tightened interest rates
Nigeria’s private sector credit recorded a measured decline of N1.07 trillion (1.41%) in January 2025, bringing the total credit to ...
Sexism, patriarchy and that piece on the CBN – Afusat Kassim
On Monday, February 9, 2025, Premium Times, one of Nigeria’s well-known online publications, published a piece which left me wondering ...
Nigeria’s FX reserves fall by $1.16 billion in January as CBN boosts dollar sales to BDCs
Nigeria’s foreign exchange (FX) reserves declined significantly by $1.16 billion in January 2025, wiping out the $592.58 million gain recorded ...
