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Olayemi Cardoso, Nigeria’s central bank governor has said the recent recovery of the naira could be tied to the various ...

Counterfactual estimates suggest that without these decisive policy interventions, inflation could have reached 42.81 percent ...

CBN Governor Cardoso says the Naira’s stability and FX reforms have bolstered investor confidence and ensured competitive ...

CBN Governor warns inflation could have surged to 42.81% without CBN policy. Remittances projected to hit N31.79tn.

Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the apex bank’s “decisive policy interventions” prevented inflation from rising to 42.81 percent in December 2024.

He also projected that diaspora remittances would rise to N31.79tn when fourth-quarter figures for 2024 are released.

Cardoso has said that without the bank’s policy interventions, inflation would have surged to 42.81 per cent by December 2024.

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The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said if not for the bank’s decisive policy interventions, the country’s inflation, which ...