CBN Unveils Revised Foreign Exchange Manual, Set to Take Effect June 1
The Central Bank of Nigeria (CBN) has officially launched the fourth edition of its Foreign Exchange Manual, introducing updated guidelines ...
Tag: Cardoso
Nigeria’s External Reserves Drop by $731 Million in Early April
Nigeria’s foreign exchange reserves came under renewed pressure in April 2026, declining by approximately $731 million within the first three ...
CBN Controversial Law – Is This Protecting Lenders or Shielding the Powerful?
The Central Bank of Nigeria (CBN) has sparked fresh debate in the financial sector with a bold proposal that could ...
Nigeria’s Trade Surplus Reaches 6% of GDP, Says CBN Governor
Nigeria’s trade surplus has risen to 6% of its Gross Domestic Product (GDP), according to Olayemi Cardoso, Governor of the ...
Nigeria’s Diaspora Remittances Soar to $600 Million Monthly, Says CBN Governor
Nigeria’s diaspora remittances have skyrocketed by 200% to $600 million per month over the past two months, up from $200 ...
Olayemi Cardoso Named Central Bank Governor of the Year at 2025 African Banker Awards
On May 30, 2025, Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), was honored as Central Bank Governor ...
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