ADEMOLA OYETUNJI

Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has emerged as a central figure in the narrative of Nigeria's economic resilience, especially in the face of the Naira crisis that has tested the fortitude of Africa's…

Revelations from the recent Monetary Policy Committee meeting of the Central Bank of Nigeria (CBN) were alarming. CBN Governor, Olayemi Cardoso, announced that $26 billion in untraceable funds had flowed through Binance Nigeria Ltd in the…

In an era where Nigeria grapples with economic challenges and governance issues, the country's current state starkly contrasts with its past, marked by periods of prosperity and ambition. Once buoyed by the riches of agriculture and later,…

In a surprising turn of events on Wednesday, the Central Bank of Nigeria (CBN) dissolved the boards of four prominent commercial banks – Keystone, Polaris, and Union Bank. This move, although unanticipated, transpired despite the Central…

The issue of Naira redenomination started gaining traction on social media around September 2023. It was believed that the trending misinformation was the handiwork of some ‘drunks in a Chinese bar' who idled and needed to ruffle the…

It is a new dawn at the Central Bank of Nigeria as the Senate, the upper chamber of the National Assembly, screened and approved the nominees of President Bola Tinubu to pilot the affairs of the monetary institution. The President appointed…

Nigeria’s Payments System trajectory started with Payments System Vision 2020 (PSV 2020) in 2007 to make Nigeria’s Payments System internationally recognised and nationally utilised. The transformation no doubt has been phenomenal. The…

On February 27, 2022, the Central Bank of Nigeria’s Governor, Godwin Emefiele announced the RT 200 FX Programme in continuation of his drive to diversify the nation’s revenue base. Not a few gave the programme a chance. The initiative was…

That the economy is severely challenged is an obvious truth. That some economy managers seem clueless on what to do is also an undeniable truth, even the federal government is complicit. Dubiously too, the government is hinging the nation’s…

On February 5, 2021, the Central Bank of Nigeria (CBN) for the third time in four years, warned against cryptocurrency operation in the country's financial space, tagging it illegal. It also ordered commercial banks to close any of such…