When Olayemi Cardoso took the helm of the Central Bank of Nigeria (CBN), he inherited an economy on life support. A volatile currency, galloping inflation, a massive foreign exchange (FX) backlog, and a deep-seated loss of public trust in the institution defined the landscape. One year on, the “Cardoso Doctrine”—a[Read More…]
Tag: The Cardoso Doctrine: A Year of Hard Medicine for a Sick Economy


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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]
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