Nigerians Now Have More Confidence in Naira—CBN Governor Cardoso

Nigerians now have more confidence in naira—CBN Governor Cardoso

The Central Bank of Nigeria Governor, Olayemi Cardoso, has said for the first time in a long while, Nigerians are now having greater confidence in the

CBN says Nigerians’ confidence in naira strengthens as official, black market rates converge

The Central Bank of Nigeria has revealed that the Nigerian currency is improving and gaining more trust from Nigerians and investors as it stabilises in FX markets.

CBN credits energy price drop, FX stability for June inflation decline

Central Bank of Nigeria (CBN) Governor, Mr. Yemi Cardoso, attributed the reduction in June’s headline inflation to stabilized The post CBN credits energy price drop, FX stability for June inflation decline appeared first on National Accord Newspaper.

Nigeria’s external reserves climbs to $40.11bn

Nigeria’s external reserves have climbed to $40.11 billion as of July 2025. Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, disclosed at the end of the Monetary Policy Committee (MPC). Cardoso noted that the $40.11 billion reserve level represents approximately 9.5 months of import cover, signaling a significant boost to Nigeria’s foreign currency […] The post Nigeria’s external reserve climbs to $40.11bn first appeared on Business …

Cardoso: We Won’t Stop Until Inflation Hits Single Digit - Economi Confidential

Cardoso: We Won’t Stop Until Inflation Hits Single Digit The Central Bank of Nigeria (CBN) has said it will maintain a tight monetary policy stance until inflation is decisively curbed, reaffirming that achieving a single-digit inflation rate remains its top priority. CBN Governor, Mr. Olayemi Cardoso, made the declaration on Tuesday during a media briefing […] The post Cardoso: We Won’t Stop Until Inflation Hits Single Digit appeared first on E…

Nigeria’s External Reserves Rise to $40.11bn, But Naira Stagnates Above N1500/$1, Raising Concerns

Nigeria’s external reserves have climbed to $40.11 billion as of July 2025, marking a significant milestone in the country’s ongoing effort to stabilize its foreign exchange market and rebuild confidence in its economy. The Central Bank Governor, Yemi Cardoso, disclosed the development during the Monetary Policy Committee (MPC) briefing held on Monday, July 22. Cardoso […] The post Nigeria’s External Reserves Rise to $40.11bn, But Naira Stagnate…