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Olayemi Cardoso

Featured in 48 tracked stories · first seen

Situations

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Africa's push for AI sovereignty and infrastructure

36 clusters · 141 sources · last updated

Latest: Nigeria proposes pan-African AI computing resource sharing

African leaders and experts are intensifying calls for technological sovereignty, moving from being consumers of foreign technology to creators of local AI solutions. A World Bank report emphasizes that transforming AI p

[ACTIVE] [BUSINESS] [NG]

Monetary policy and lending rate shifts in Nigeria

9 clusters · 48 sources · last updated

Latest: Nigeria banking sector faces scrutiny over recapitalisation and international earnings

In Nigeria, banking lending rates have begun to decline following a reduction in the Monetary Policy Rate (MPR). In August 2026, the average maximum lending rate dropped to 29.19 percent from 33.16 percent in July, follo

[ACTIVE] [BUSINESS] [NG]

Nigeria Naira exchange rate and liquidity dynamics

34 clusters · 57 sources · last updated

Latest: Nigeria net foreign exchange flows reach $22.5bn in Q2 2026

By late October 2026, the Nigerian naira continued to exhibit volatility against the US dollar. On October 13, the currency weakened to ₦1,335.50 per dollar, its weakest level since August, due to rising demand for inter

[ACTIVE] [BUSINESS] [NG] [GH] [JM]

Ghana-Nigeria Treasury bill and OMO liquidity demand

33 clusters · 55 sources · last updated

Latest: Nigeria banking system liquidity reaches N6.94 trillion

By late October 2026, liquidity and debt market dynamics in Nigeria and Ghana continued to evolve through central bank interventions and shifting investor appetites. In Nigeria, the Central Bank of Nigeria (CBN) has uti

[ACTIVE] [BUSINESS] [NG] [US]

JPMorgan Chase merchant bank expansion in Nigeria

5 clusters · 33 sources · last updated

Latest: JPMorgan receives preliminary approval for Nigerian merchant bank

JPMorgan Chase & Co. is advancing plans to establish a licensed merchant bank in Nigeria by the end of 2026, subject to regulatory approval from the Central Bank of Nigeria (CBN). To meet the capital requirements for a n

[ACTIVE] [BUSINESS] [CN] [NG] [TH]

Nigeria-China financial cooperation development

2 clusters · 12 sources · last updated

Latest: Central Bank of Nigeria seeks to deepen Nigeria–China financial ties

Following the IMF and World Bank Annual Meetings in Bangkok, Central Bank of Nigeria Governor Olayemi Cardoso reported improvements in Nigeria’s economic indicators, including a decline in headline inflation and an incre

[QUIET] [BUSINESS] [NG] [SL]

Nigeria infrastructure and investment mobilization

2 clusters · 17 sources · last updated

Latest: Nigeria unveils $78.5bn investment pipeline and rejects subsidy return

Nigerian officials have initiated discussions with the World Bank Group to secure financing guarantees aimed at infrastructure development, particularly within the power sector. During the 2026 IMF and World Bank Group A

[QUIET] [BUSINESS] [NG] [TH]

Nigeria fiscal and tax reform initiatives

3 clusters · 22 sources · last updated

Latest: Nigeria seeks $78.5bn for 65 infrastructure and development projects

Nigeria has initiated efforts to reform its fiscal and tax systems. The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, inaugurated a Technical Subcommittee on Fiscal Policy and Tax Reforms t

[QUIET] [BUSINESS] [NG]

SERAP sues CBN over election funds and N1.63tn in public-mon

3 clusters · 27 sources · last updated

Latest: Central Bank of Nigeria sued by SERAP over $6.23m and N1.63tn in funds

The Socio-Economic Rights and Accountability Project (SERAP) has escalated its campaign for financial transparency by filing a lawsuit against the Central Bank of Nigeria (CBN) at the Federal High Court in Abuja. The le

[QUIET] [BUSINESS] [NG] [KE] [ZA]

Nigeria economic stability, FX inflows, and cost of living

25 clusters · 62 sources · last updated

Latest: Nigeria economic reforms spark hardship amid subsidy removal

By late September 2026, Nigeria’s macroeconomic landscape continued to show signs of stabilization following structural reforms, including fuel subsidy removal and foreign exchange liberalization. While real GDP growth r

[QUIET] [BUSINESS] [NG]

Nigeria monetary and tax policy adjustments

3 clusters · 17 sources · last updated

Latest: Central Bank of Nigeria cuts interest rate to 23%

Nigeria is implementing significant adjustments to its monetary and fiscal frameworks. On September 25, 2026, the Federal Government announced a new framework for interest on late tax payments under the Nigeria Tax Admin

[QUIET] [POLITICS] [NG]

Nigeria police preparations for 2027 elections

2 clusters · 11 sources · last updated

Latest: Ogun State Police Commissioner addresses officer welfare and 2027 election security

Nigerian police leadership has begun outlining security strategies and commitments for the upcoming 2027 general elections. Inspector-General of Police Olatunji Rilwan Disu pledged that the Nigeria Police Force is commi

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