Senate panel questions CBN on inflation, bank recapitalisation, foreign reserves, other monetary policies
Nigeria, July 23 -- 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.
Mr Cardoso stated this on Wednesday when he led a team from the bank to a meeting with the Senate Committee on Banking, Insurance and Other Financial Institutions.
The committee, chaired by Adetokunbo Abiru (APC, Lagos East), held the session in line with the CBN Act, which requires the CBN governor to brief the National Assembly twice a year.
It was the committee's first statutory engagement with the apex bank in 2026.
It scrutinised the bank's performance on inflation, bank recapitalisation,...
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