Nigeria’s revenue surged 49% in the first five months of the year, exceeding government projections as an overhaul of the tax system and new levies on industries including petroleum and mining boosted collections. https://t.co/c0II3HRuJL
Today, I had the privilege of taking some of my friends on a courtesy visit to the Speaker of the House of Representatives, Tajudeen Abbas, at his office within the National Assembly Complex, Abuja. We had a warm and insightful engagement and I sincerely appreciate the Speaker for the reception, hospitality and valuable words of encouragement. May Allah continue to guide and strengthen him in the service of our dear country.
My father was a lawyer that represented an institution in this country and today, I regret not being one myself. I just imagined being an outstanding female lawyer in this country da wasu zasu ci kaniyarsu a hannun mata.
Allah ya rage ma aya Zaki, Amma in Baa mutu ba ba zaa daina gani ba.
Engagement with key stakeholders from Unguwan Shanu/Abakwa and select groups from Unguwan Rimi as part of our ongoing consultation drive.
These interactions are focused on strengthening grassroots mobilization and fostering collective support for the reelection of President @officialABAT/@officialSKSM and Governor @ubasanius in Kaduna State. The discussions were insightful, with strong expressions of unity, commitment, and shared vision for continued progress.
Kowa Namu Ne ✌🏽♾️
March was defined by consolidation at home and continued engagement with global partners, culminating in the successful conclusion of the banking-sector recapitalisation programme and reinforcing the progress made over the past two years.
Early in the month, I met with the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, to review progress and reinforce alignment between fiscal and monetary policy. As reforms deepen, that coordination becomes even more important, ensuring that policy direction is consistent and that outcomes are felt more clearly across the economy.
We also took an important step in strengthening Nigeria’s external buffers. The CBN received responsibly sourced, monetary-grade gold into our reserves under the National Gold Purchase Programme. By acquiring gold domestically in Naira, while maintaining international pricing benchmarks, we are diversifying reserves, preserving foreign exchange, and aligning with evolving global reserve management strategies in an increasingly uncertain environment.
I was joined on this occasion by Dr. Muhammad Sani Abdullahi, Deputy Governor (Economic Policy), CBN; Hajiya Fatima Shinkafi, Executive Secretary, Solid Minerals Development Fund; and Mr. Mujtaba Muhammed Farouk, Director, Reserve Management Department.
“These reforms were not only necessary but have also proven protective. Nigeria remains a pivotal economy on the continent, with substantial regional spillovers and a critical role in the economic stability of West and Central Africa,” – Cardoso, CBN Governor
At the meeting, Gov. Cardoso reiterated that the Bank’s reforms in the FX market, monetary operations, data transparency, banking supervision, liquidity management, and payment-system modernisation have significantly strengthened macroeconomic fundamentals and rebuilt key buffers.
Governor Olayemi Cardoso, alongside the Minister of Finance and the Coordinating Minister of the Economy, Mr. Wale Edun, and the Deputy Governor (Economic Policy), Dr. Muhammad Sani Abdullahi, met with the Nigeria Forum of Experts working with the International Monetary Fund (IMF) and the World Bank Group, on the sidelines of the 2026 Spring Meetings, in Washington, United States of America.