Central Bank of Nigeria

The official Twitter page of the Central Bank of Nigeria. We ensure price and financial system stability and promote sustainable economic development.

[Central Bank of Nigeria @cenbank]

A major highlight of the event was the unveiling of the ACGSF Online Portal, designed to simplify access to agricultural credit and improve the Scheme’s operations.

The Roundtable concluded with stakeholders reaffirming their commitment to expanding agricultural financing, strengthening food security and driving inclusive economic growth in Nigeria.

[Central Bank of Nigeria @cenbank]

CBN Moves to Strengthen Credit Guarantees, Catalyse Private-Sector Agricultural Financing

The Central Bank of Nigeria (CBN) is seeking to strengthen agricultural credit guarantees to improve farmers’ access to affordable financing, reduce lending risks and attract more private-sector investment into agriculture.

[Central Bank of Nigeria @cenbank]

Speaking at a two-day stakeholder roundtable in Abuja, the CBN Governor, Mr. Olayemi Cardoso, represented by the Deputy Governor, Financial System Stability, Mr. Lamido Yuguda, called for stronger partnerships, improved risk-sharing mechanisms and market-driven financing solutions to support sustainable agricultural development.

[Central Bank of Nigeria @cenbank]

Facts Behind the Figures

The program that decodes the data and dissects the decisions shaping our economy.

Watch the full video here: https://t.co/YxkezQprT7

#CBN
#307thMPCDecisionsReview
#Factsbehindthefigures

[Central Bank of Nigeria @cenbank]

WORLD SAVINGS DAY 2026

World Savings Day is an opportunity to promote saving, sound financial planning, and responsible money management to build a more secure financial future.

As Artificial Intelligence (AI) increasingly shapes how we access financial information
and make money decisions, this year's theme, “AI Advises. Human Decides,”
highlights the need to balance technological innovation with human judgment.

AI can provide insights, help us understand spending patterns, and support financial
planning. However, its recommendations must be critically assessed to ensure that
our financial decisions reflect our individual needs, goals, and circumstances.

This World Savings Day, let us embrace the opportunities offered by technology while
remaining informed, cautious and responsible in our financial choices.
AI can guide your thinking, but the power to decide remains yours.

Save Smart. Think Critically. Decide Wisely.

#WorldSavingsDay2026
#AIAdvisesHumanDecides
#FinancialLiteracy
#SavingsCulture

[Olayemi Cardoso @olayemicardoso1]

From Stability to Opportunity: Reflections on Nigeria’s Engagement with Asia

Economic stability is not an end in itself. It must create the conditions for investment, enterprise and sustainable growth. This conviction has guided our work at the Central Bank of Nigeria and shaped our recent engagements across Asia.

Rather than approach the IMF/World Bank Annual Meetings in Bangkok as a standalone event, we made a deliberate decision to use the opportunity to deepen Nigeria’s financial relationships across the region. Our programme brought together engagements in Singapore, Bangkok and China, focused on strengthening institutional relationships, deepening financial markets and improving the financial infrastructure supporting trade and investment.

We approached these engagements with encouraging evidence of progress at home. Inflation moderated to 14.63% in September, from nearly 35% at the end of 2024. External reserves exceeded US$55 billion, their highest level in 18 years, while Nigerian banks raised ₦4.65 trillion through recapitalisation, largely from domestic investors.

These are important milestones, but I remain conscious of the economic pressures many Nigerians continue to face. Our responsibility is to sustain this progress and ensure that stability increasingly translates into tangible economic opportunity.

[Central Bank of Nigeria @cenbank]

Coming a day after the CBN’s roundtable on the Nigeria–China financial corridor, the session broadened the programme’s focus from the practical challenges of trade and payments to wider opportunities for investment. Together with the CBN’s engagements in Singapore and at the IMF–World Bank Annual Meetings in Bangkok, the Beijing events form part of a coordinated approach across Asia to deepen financial relationships, strengthen market connectivity and support investment in Nigeria.

[Central Bank of Nigeria @cenbank]

Beyond growing trade, stronger Nigeria–China economic ties also depend on the confidence, financial infrastructure and partnerships needed to support long-term investment.

On October 22, 2026, the Central Bank of Nigeria (CBN), led by Governor Olayemi Cardoso, and ICBC Standard Bank co-hosted ‘Nigeria’s Economic and Investment Opportunities Sharing Session’ in Beijing, under the theme ‘Deepening Cooperation for a Shared Future’. The session brought together Chinese financial institutions, development finance institutions, investment funds and companies active in Nigeria.

[Central Bank of Nigeria @cenbank]

The programme featured Nigeria Rising: Reformed, Resilient, Ready to Scale, a presentation on Nigeria’s reform agenda, macroeconomic progress and investment opportunities. A panel discussion followed, featuring perspectives from the CBN, Standard Bank Group, Flutterwave, Huawei’s Central Bank Business Unit and the China-Africa Fund for Industrial Cooperation.

Discussions focused on policy continuity and investor confidence, cross-border payments and local-currency settlement, and the role of financial innovation in supporting trade and investment. The presentation and panel connected Nigeria’s reform progress with the practical considerations of investors, financial institutions and businesses operating across both markets.

[Central Bank of Nigeria @cenbank]

Building on previous engagements with stakeholders in Singapore and the IMF/World Bank Annual Meetings in Bangkok, Thailand, the Beijing roundtable forms part of a wider CBN programme across Asia: in Singapore, on financial innovation and market connectivity; in Bangkok, alongside global policymakers at the Annual Meetings; and now in Beijing, on the practical work of strengthening payments, settlement and trade between Nigeria and China.

[Central Bank of Nigeria @cenbank]

As economic ties between Nigeria and China deepen, the financial architecture supporting trade and investment must keep pace.

On October 21, 2026, the Central Bank of Nigeria (CBN) convened a roundtable in Beijing, bringing together Governor Olayemi Cardoso and business, financial and industry leaders active in the Nigeria–China corridor.

#CBN

[Central Bank of Nigeria @cenbank]

The engagement also featured “Nigeria Rising: Reformed, Resilient, Ready to Scale”, a presentation highlighting Nigeria’s economic reform agenda, improving macroeconomic fundamentals and investment opportunities.

[Central Bank of Nigeria @cenbank]

Building on previous engagements with stakeholders in Singapore and the IMF/World Bank Annual Meetings in Bangkok, Thailand, the Beijing roundtable forms part of a wider CBN programme across Asia: in Singapore, on financial innovation and market connectivity; in Bangkok, alongside global policymakers at the Annual Meetings; and now in Beijing, on the practical work of strengthening payments, settlement and trade between Nigeria and China.

[Central Bank of Nigeria @cenbank]

The engagement also featured “Nigeria Rising: Reformed, Resilient, Ready to Scale”, a presentation highlighting Nigeria’s economic reform agenda, improving macroeconomic fundamentals and investment opportunities.

[Central Bank of Nigeria @cenbank]

How Central Banks Decide:

The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, participated in a panel discussion titled “How Central Banks Decide…Committee Decision-Making and Communication in an Era of Uncertainty” at the just-concluded Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG), held in Bangkok, Thailand.

The panel was chaired by Mr. Dan Katz, First Deputy Managing Director, IMF, and featured Martin Schlegel, Chairman of the Governing Board of the Swiss National Bank, and Emmanuel Moulin, Governor of the Banque de France. 

#CBN
#IMF

[Central Bank of Nigeria @cenbank]

Looking ahead, Governor Cardoso reaffirmed the CBN’s commitment to sustaining disinflation, maintaining monetary and financial stability, and developing a deeper, more internationally connected financial system, with single-digit inflation remaining the medium-term objective.
“We came to Bangkok with evidence of Nigeria’s progress and leave with stronger international relationships and a clearer understanding of the opportunities ahead,” Cardoso said.

[Central Bank of Nigeria @cenbank]

CBN Governor Highlights Nigeria’s Economic Progress at IMF–World Bank Annual Meetings Press Briefing in Bangkok

At a press briefing marking the conclusion of the 2026 IMF–World Bank Annual Meetings in Bangkok, Thailand, on October 17, 2026, the Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, highlighted Nigeria’s progress in restoring macroeconomic stability, rebuilding confidence and strengthening international financial partnerships.

[Central Bank of Nigeria @cenbank]

Reflecting on the Annual Meetings, he pointed to bilateral discussions held with the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, and with IMF First Deputy Managing Director Mr Dan Katz and World Bank Group President Mr Ajay Banga. He noted engagements with leading credit rating agencies and his participation in global policy discussions on economic resilience, monetary policy and artificial intelligence.

The Governor further outlined efforts to deepen Nigeria’s financial connectivity with Asia, including recent engagements in Singapore and a meeting with the Governor of the People’s Bank of China on cross-border payments, financial technology and trade finance, ahead of a visit to Beijing.