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Olayemi Cardoso, the Central Bank of Nigeria governor, assures foreign investors of a new economic landscape, stating that previous investment concerns are now behind us. His comments were made during a discussion at the Africa Capital Forum in London.
Central Bank of Nigeria Governor, Olayemi Cardoso, has stated that ongoing monetary and structural reforms are bolstering Nigeria's economic resilience and attracting foreign investment. He highlighted these points at the Africa Capital Forum in London, noting the positive impact on investor confidence and financial stability.
Olayemi Cardoso, Governor of the Central Bank of Nigeria, emphasized that the reforms and policy measures implemented over the past two years position Nigeria to withstand current global economic challenges. His remarks were made during a lecture marking the Founders Day of St. Gregory’s College.
The Central Bank of Nigeria (CBN) announces a remarkable 772% increase in the country's net foreign exchange reserves, rising from $3.99 billion in 2023 to $34.80 billion by the end of 2025. This significant growth highlights improved investor confidence and stronger economic fundamentals.
Central Bank of Nigeria Governor Olayemi Cardoso has stressed the urgent need for Africa to pursue economic growth, industrialisation, and job creation while simultaneously building climate resilience. He made these remarks at the Egypt 30by30 Programme, emphasising collaborative efforts for a sustainable and climate-aware future.
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has expressed his approval of the African Union's decision to grant Nigeria a permanent seat on the African Monetary Institute Board. This outcome was endorsed during the AU's recent summit in Addis Ababa, Ethiopia.
Olayemi Cardoso, Governor of the Central Bank of Nigeria, asserted that the recent reforms initiated upon his appointment have successfully stabilized the economy. He also pointed out potential risks associated with the upcoming election cycle.
