Premium Times Nigeria·3 min read·medium
Senate panel questions CBN on inflation, bank recapitalisation, foreign reserves, other monetary policies
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Abdulqudus Ogundapo
✦AI Summary
CBN Governor Olayemi Cardoso briefed the Nigerian Senate on the bank's progress in stabilizing inflation and foreign exchange markets during the first half of 2026. He highlighted a downward trend in inflation and successful reforms in banking sector recapitalization.
The CBN Governor, Olayemi Cardoso, says in the first half of 2026, the bank witnessed further consolidation of the macroeconomic gains recorded in 2025 through coordinated policy actions implemented over the past three years.
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