Tag: Olayemi Cardoso

CBN’s naira settlement policy set to transform how Nigerians receive diaspora funds

Business Damilola Bayonle -
Naira settlement policy reshapes Nigeria remittance landscape Nigeria’s diaspora inflows are entering a new phase as the Central Bank of...

Local investors power Nigeria’s N4.6tn bank recapitalisation drive, boost sector stability

Business Damilola Bayonle -
Bank recapitalisation Nigeria strengthens financial system as local investors dominate N4.6tn raise Nigeria’s banking sector has entered a new phase...

CBN signals economic reset as inflation drops sharply, reserves surge past $50bn

Business Damilola Bayonle -
CBN reforms drive macroeconomic recovery as inflation eases, reserves surge Nigeria’s macroeconomic outlook is showing early signs of stabilisation as...

32 banks meet CBN bank recapitalisation target as Nigeria strengthens banking sector stability

Business Damilola Bayonle -
Nigeria’s banking sector has recorded a significant milestone in its ongoing reform programme, with no fewer than 32 financial...

Nigeria’s financial sector reforms earn global praise as CBN stabilises economy, attracts investors

Business Damilola Bayonle -
Nigeria’s ongoing macroeconomic reset is beginning to yield tangible validation on the global stage, as sweeping policy adjustments in...

CBN recapitalisation attracts N4.61tn as Nigerian banks strengthen for economic shocks

Business Damilola Bayonle -
CBN Recapitalisation Drives N4.61tn Capital Inflow Into Nigerian Banks Nigeria’s banking sector has recorded a significant boost in investor confidence,...

Nigerian banks in last-minute rush as CBN recapitalisation deadline looms with trillions raised

Business Damilola Bayonle -
Bank recapitalisation deadline: Lenders race to meet CBN’s March 31 cutoff Nigeria’s banking sector has entered a decisive phase as...

CBN: Nigeria’s financial reforms strengthen economy, attract foreign investors, and boost FX stability

Business Damilola Bayonle -
Nigeria’s apex bank has reaffirmed the growing resilience of the country’s financial system, as policymakers point to a series...

CBN warns of inflation risk as Middle East war threatens Nigeria’s rate cut plans

Business Damilola Bayonle -
Nigeria’s monetary policy outlook is facing renewed uncertainty as global geopolitical tensions threaten to disrupt recent gains in inflation...

CBN reforms pay off as parallel market premium in Nigeria’s forex market falls to under 2%

Business Damilola Bayonle -
Nigeria’s foreign exchange market reforms are beginning to show measurable outcomes, with the gap between the official and parallel...

CBN confirms 30 banks meet recapitalisation threshold as March deadline nears

Business Damilola Bayonle -
Nigeria’s banking industry is approaching a major regulatory milestone as the apex bank intensifies efforts to strengthen financial institutions...

CBN gold holdings hit $3.5bn as Nigeria adds locally refined gold to foreign reserves

Business Damilola Bayonle -
Nigeria’s external reserve profile has received a notable boost following the addition of domestically refined gold to the country’s...