Cardoso Woos Investors as FX Turnover Hits $8.6bn, Anticipates Current Account Surplus to Exceed $20bn
DMO reveals Nigeria in advanced talks to rejoin JP Morgan Bond Index Elumelu calls for $4trn domestic capital to drive investment, boost Africa’s productivity UBA to launch whitepaper on Africa’s financial infrastructure IMF urges fiscal discipline Eromosele Abiodun and Nume Ekeghe in Washington DC
The Governor of the Central investors of Nigeria’s improving foreign exchange (FX) market Additionally, Cardoso, who Bank of Nigeria (CBN), Olay- macroeconomic stability, just as turnover has so far risen to spoke during an Investors’ emi Cardoso, has reassured he revealed that the country’s $8.6 billion monthly in 2025. Forum in Washington D.C.,
on the sidelines of the ongoing Continued on page 38
Thursday 16 October, 2025 Vol 30. No 11148. Price: N400
www.thisdaylive.com TR
UT H
& RE A S O
N
Inflation Declines Further to 18.02% Amid Moderation in Food, Energy Prices, FX Stability James Emejo in Abuja and Dike Onwuamaeze in Lagos
FUND RAISING CEREMONY FOR DELTA STATE SECURITY TRUST FUND...
L-R: Member, House of Representatives, Bomadi/Patani Federal Constituency, Nicholas Mutu; Chairman, Tantita Security Ltd, Oweizidei Ekpemupolo (Tompolo); Minister of Aviation and Aerospace Development of Nigeria, Mr. Festus Keyamo; Founder, Coronation Group & Affiliates, Mr. Aigboje Aig-Imoukhuede; Executive Governor of Delta State, Rt. Hon. (Elder) Sheriff F. O. Oborevwori; Founder and Chairman, Zenith Bank Plc, Mr. Jim Ovia, CFR; Senator of the Federal Republic of Nigeria, Delta Central, Ede Dafinone; and Senator of the Federal Republic of Nigeria, Delta South, Joel Onowakpo Thomas, at the launching and fund-raising ceremony for the Delta State Security Trust Fund in Asaba, yesterday
The Consumer Price Index (CPI), which measures the rate of change in prices of goods and commodities eased to18.02 per Continued on page 38
24 Hours After Mbah Joined APC, Diri Abandons PDP, Keeps Mum on Next Move Story on page 38
Quits with whole of party structure Ben Bruce joins APC Dickson reiterates loyalty to party PDP appoints Ben Obi convention secretary
90th birthday celebration of Mama Victoria Abiodun...
L-R: Osun State Governor, Ademola Adeleke; Ogun State Governor, Prince Dapo Abiodun; the celebrant, Chief (Mrs.) Victoria Abiodun; wife of the former president, Chief (Mrs.) Bola Obasanjo; Secretary to the Government of the Federation, Sen. George Akume; Lagos State Governor, Mr. Babajide Sanwo-Olu and the Oyo State Governor, Engr. Seyi Makinde, at the 90th birthday Thanksgiving service of Chief (Mrs.) Victoria Abiodun, held at the St. James Anglican Church, Iperu-Remo... yesterday