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Cardoso Reaffirms CBN’s Commitment to Monetary Reforms

Olusola Blessing by Olusola Blessing
April 19, 2025
in Economy, News
0
Cardoso Reaffirms CBN’s Commitment to Monetary Reforms
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The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has reiterated the bank’s commitment to restoring confidence in Nigeria’s monetary system through transparency, consistency, and orthodox policy reforms. His remarks came during a high-profile conversation with Nobel Prize-winning economist Dr. James Robinson, held in the United States.

According to a statement from the apex bank’s official X handle, the fireside chat was part of an event aimed at deepening dialogue on Nigeria’s economic trajectory. Cardoso stated, “We inherited a crisis of confidence, but we chose a different path. We’re not turning back,” earning applause from an audience that included financial experts, policymakers, and Nigerian professionals abroad.

The event opened with remarks from Nasdaq President Tal Cohen and featured prominent voices from Nigeria’s financial ecosystem. It was anchored by the CBN’s Adviser on Stakeholder Engagement, while the Q&A session was moderated by the Group CEO of the Nigerian Exchange Group. Closing remarks came from the Director of the CBN’s Banking Supervision Department, reinforcing the central bank’s leadership presence.

Also present were members of the CBN Board and Monetary Policy Committee, including Robert Agbede, Professor Melvin Ayogu, and Dr. Aloysius Ordu, reflecting the institution’s growing collaboration with the Nigerian diaspora. Their participation underlined the CBN’s strategy of tapping into global expertise and homegrown talent to support economic transformation.

The conversation emphasized the CBN’s global reach, stakeholder engagement, and its ongoing mission to stabilize Nigeria’s economy through disciplined and transparent monetary policy reforms.

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