CBN Governor Olayemi Cardoso Highlights Nigeria’s Economic Reforms to US Investors
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, engaged senior business leaders and institutional investors at the U.S.–Nigeria Executive Business Roundtable on December 15, underscoring Nigeria’s renewed commitment to economic reforms and macroeconomic stability. The forum, held in the heart of Washington, D.C., offered a platform to highlight Nigeria’s efforts to attract global investment.
Speaking to a room of top-tier investors, Governor Cardoso outlined the government’s reform agenda, which includes modernising the payments system, implementing orthodox monetary policies, and advancing foreign-exchange market reforms. He also emphasised ongoing banking-sector improvements, positioning them as critical steps to stabilise the economy and encourage sustainable, private-sector-led growth.
The roundtable, convened by the U.S. Chamber of Commerce’s U.S.-Africa Business Center, focused on opportunities for scalable, bankable projects across Nigeria’s priority sectors. Discussions also revolved around achieving macroeconomic stability and regulatory clarity, reinforcing stronger commercial ties between Nigeria and the United States.
Ms. Kendra Gaither, President of the U.S.-Africa Business Center, praised the dialogue, noting that investors increasingly value clear policies and credible reforms. “What investors are responding to today is clarity, clear rules, credible reforms, and a seriousness of purpose. Nigeria’s message is increasingly one of discipline and opportunity, and that matters in a global economy seeking stability and predictability,” she said.
Governor Cardoso’s engagement comes at a critical time as Nigeria navigates global economic uncertainty. By emphasising transparent markets and rules-based economic management, Nigeria is positioning itself as a reliable destination for foreign investment, signalling that disciplined reforms can create real opportunities for both local and international investors.
source: The Sun