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Cardoso explains CBN’s surprise interest rate decision

Alake UriOctober 15, 2026October 15, 2026

by Alake UriOctober 15, 2026October 15, 202604

BANGKOK, Thailand: Central Bank of Nigeria Governor Olayemi Cardoso has explained that the apex bank’s latest monetary policy decision, which caught financial markets by surprise,...

News

Capital importation rises 102% to $16.4bn in 5mths

Alake UriOctober 6, 2026October 6, 2026

by Alake UriOctober 6, 2026October 6, 2026012

ACCORDING TO VANGUARD NEWSPAPER Capital importation into the country rose by 101.8 per cent, year-on-year, YoY to $16.41 billion in the five months to May...

Business News

NECA COMMENDS CBN MPR DECISION

Alake UriSeptember 27, 2026September 27, 2026

by Alake UriSeptember 27, 2026September 27, 2026024

The Nigeria Employers’ Consultative Association (NECA) welcomes the CBN Monetary Policy Committee’s decision to reduce the Monetary Policy Rate (MPR) from 26.5 per cent to...

Business News

Experts divided over CBN’s 3% interest rate slash

Alake UriSeptember 23, 2026September 23, 2026

by Alake UriSeptember 23, 2026September 23, 2026027

The Central Bank of Nigeria’s decision to cut its Monetary Policy Rate, MPR, from 26.5 per cent to 23 per cent has generated different reactions...

Business News

Banks Shut 476 Branches and Cash Centres in Three Years – CBN

Alake UriSeptember 14, 2026September 14, 2026

by Alake UriSeptember 14, 2026September 14, 2026031

Deposit Money Banks in Nigeria closed a net 476 branches and cash centres between 2022 and 2025, reducing their physical footprint by 8.8 per cent...

Business News

Banks’ borrowing from CBN falls 89% to N126bn

Alake UriSeptember 1, 2026September 1, 2026

by Alake UriSeptember 1, 2026September 1, 2026033

Borrowing by Nigerian banks from the Central Bank of Nigeria’s Standing Lending Facility, SLF, dropped significantly by 89 per cent in August 2026, indicating improved...

Business

Nigeria hits record $947m monthly remittances, nears $1bn target – CBN

Alake UriAugust 31, 2026August 31, 2026

by Alake UriAugust 31, 2026August 31, 2026034

ACCORDING TO VANGUARD NEWSPAPER Nigeria recorded $947 million in remittance inflows through International Money Transfer Operators (IMTOs) in July 2026, the highest monthly inflow ever...

Business News

CBN cuts T-bill rate amid N3.63tn demand

Alake UriAugust 28, 2026August 28, 2026

by Alake UriAugust 28, 2026August 28, 2026037

ACOORDING TO THE PUNCH NEWSPAPERInvestors are increasingly positioning for longer-term returns in Nigeria’s fixed-income market, with the latest treasury bills auction showing an overwhelming preference...

News

CBN Urged to Expand Oversight of Fintech, Cloud and Technology Risks

Alake UriAugust 24, 2026August 24, 2026

by Alake UriAugust 24, 2026August 24, 2026040

The Central Bank of Nigeria, CBN, has been advised to widen its regulatory oversight to include risks linked to cloud service providers, telecommunications networks, fintech...

Business News

CBN’s Hakama Sidi-Ali Named 2026 National Spokesperson of the Year

Alake UriAugust 18, 2026August 18, 2026

by Alake UriAugust 18, 2026August 18, 2026045

The Acting Director of Corporate Communications at the Central Bank of Nigeria, CBN, Hakama Sidi-Ali, has emerged as the 2026 National Spokesperson of the Year....

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Cardoso explains CBN’s surprise interest rate decision

Capital importation rises 102% to $16.4bn in 5mths

NECA COMMENDS CBN MPR DECISION

Experts divided over CBN’s 3% interest rate slash

Banks Shut 476 Branches and Cash Centres in Three Years – CBN

Banks’ borrowing from CBN falls 89% to N126bn

Nigeria hits record $947m monthly remittances, nears $1bn target – CBN

CBN cuts T-bill rate amid N3.63tn demand

CBN Urged to Expand Oversight of Fintech, Cloud and Technology Risks

CBN’s Hakama Sidi-Ali Named 2026 National Spokesperson of the Year

Tunde Salman Calls for Fairer Electricity Billing, Urges Stakeholders to Address Nigeria’s Metering Gap

AIICO advances maternal health through outreach

Tesla unveils flying car prototype, eyes 2028 production

D-8 targets $500bn trade by 2030, highlights Abuja SME centre

Cardoso explains CBN’s surprise interest rate decision

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Tunde Salman Calls for Fairer Electricity Billing, Urges Stakeholders to Address Nigeria’s Metering Gap

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