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]

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso (left), and the Minister of Education, Dr. Maruf Olatunji Alausa, during a strategic meeting in Abuja on Wednesday, July 1, 2026.

#CBN

[Central Bank of Nigeria @cenbank]

Press Release

CBN Revokes Licenses of 46 Microfinance Banks.

Kindly click the link to see the full list of the affected Microfinance Banks on the CBN website : https://t.co/7HymUKTI5J

#CBN
#PressRelease

[Central Bank of Nigeria @cenbank]

Episode 19 – Do You Know?

What is Inflation Targeting?

Inflation Targeting is a modern monetary policy framework used by central banks around the world to help keep prices stable.

Watch this episode to learn about:

• How the CBN sets a clear inflation target, either as a specific rate or within a target range.
• How the CBN takes deliberate policy actions to guide inflation towards that target.
• Why maintaining price stability is one of the CBN’s core responsibilities.

Follow the Consumer Education Series for more practical insights on how to protect your money.

Let’s all stay informed.

#CBN
#DoYouKnow
#ConsumerEducationSeries

[Central Bank of Nigeria @cenbank]

Press Release

CBN Revokes Licenses of 46 Microfinance Banks.

Kindly click the link to see the full list of the affected Microfinance Banks on the CBN website : https://t.co/7HymUKTI5J

#CBN
#PressRelease

[Central Bank of Nigeria @cenbank]

Mastercard Visits CBN:

Mr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), with Mr. Michael Miebach, the Global Chief Executive Officer of Mastercard, when the latter led a delegation of Mastercard on a visit to the head office of the CBN in Abuja on Tuesday, June 23, 2026.

#CBN

[Central Bank of Nigeria @cenbank]

You are cordially invited to the 47th Edition of the CBN SENIOR NATIONAL OPEN TENNIS Championship Grand Finale

Venue : Tennis Complex, Package B, Moshood Abiola National Stadium, Abuja.

Time : 12:00 PM

Date : Saturday 20th June, 2026

#CBN
#CBNSeniorTennisChampionship

[Central Bank of Nigeria @cenbank]

You are cordially invited to the 47th Edition of the CBN National Open Senior Tennis Championship 2026.

Preliminary matches are currently underway and will run from June 12 – June 19, 2026.
Venue: Tennis Complex, Package B, Moshood Abiola National Stadium, Abuja
Time: 10:00 AM

[Central Bank of Nigeria @cenbank]

Cardoso reaffirmed the CBN’s commitment to preserving public confidence, safeguarding financial and monetary stability, and fulfilling its mandate with integrity, professionalism, and accountability.

[Central Bank of Nigeria @cenbank]

CBN Governor, Mr. Olayemi Cardoso, on Wednesday, June 10, 2026, in London, formally received the 2026 Central Banking Central Bank of the Year Award.

[Central Bank of Nigeria @cenbank]

Cardoso attributed the gains to the support of the Federal Government, market participants, development partners, and, most importantly, the resilience and confidence of the Nigerian people.

[Central Bank of Nigeria @cenbank]

The Nigeria Payments System Vision (PSV) 2028 outlines the roadmap for a secure, innovative, and inclusive payments ecosystem in Nigeria.

Read the document here:
https://t.co/4uHH22xEwz

#CBN
#PSV2028

[Olayemi Cardoso @olayemicardoso1]

April and May were defined by consolidating reforms, strengthening institutions, and translating policy gains into durable economic outcomes. Following the successful completion of the banking-sector recapitalisation programme in March, our focus shifted to sustaining momentum and reinforcing the foundations of long-term macroeconomic stability.

The recapitalisation programme remains one of the most significant achievements of this reform period. Through this exercise, Nigerian banks raised over ₦4.65 trillion, strengthening capital buffers, enhancing resilience, and expanding the sector's capacity to support economic growth and financial intermediation. The strong participation of both domestic and international investors reflected growing confidence in Nigeria's financial system and reform trajectory.

Against this backdrop, Nigeria participated in the IMF and World Bank Spring Meetings in Washington at a time of heightened global uncertainty, marked by tighter financial conditions, persistent geopolitical pressures, and subdued growth across many economies. The Meetings provided an opportunity to present Nigeria's reform progress, engage key partners, and reinforce confidence in the country's economic direction.

One of the most important engagements was with World Bank President Ajay Banga, where discussions focused on institutional reform, long-term development priorities, and the partnerships required to support sustainable growth. As Chair of the G-24, Nigeria also helped advance discussions on mobilising development finance, reforming the global financial architecture, and promoting job-rich growth across developing economies.

[Central Bank of Nigeria @cenbank]

Payments System Vision 2028 - The Journey So Far…

Watch the full video on YouTube- https://t.co/rrdQNPizY5

#CBN
#PSV
#PSV2028

[Central Bank of Nigeria @cenbank]

“The success of PSV 2028 will not be measured by the quality of this document. It will be measured by execution; by our ability to expand opportunity, strengthen trust, lower barriers to participation, and build a payments ecosystem that serves every Nigerian.” - Cardoso

[Central Bank of Nigeria @cenbank]

The CBN Governor, Mr Olayemi Cardoso, has unveiled the Nigeria Payments Systems Vision 2028, noting that the vision aims to deepen infrastructure, expand inclusion, accelerate innovation, and enhance Nigeria’s integration with regional and global payment systems.

[Central Bank of Nigeria @cenbank]

CBN Governor Cardoso posited that: “By 2028, Nigerian youth will launch the next global fintech unicorn right here from Lagos, Abuja, Calabar and beyond, using Nigerian data, Nigerian talent and solving Nigerian problems.”
#Innovation #Fintech